207 Manley Dr - Office/Residential FOR SALE


Anderson, SC 29626
$75,000 USD
864-884-4719
207 Manley Dr, Anderson, SC for Sale
$75,000 USD
Office/Residential - FOR SALE
1/17
null | 25% Cap Rate

207 Manley Dr
Anderson, SC 29626


HIGHLIGHTS

  • main street
  • month to month tennant

OVERVIEW

30%+ CAP RATE OPPORTUNITY | VALUE-ADD COMMERCIAL ASSET | ANDERSON, SC Excellent investment opportunity in a high-visibility, high-traffic location in Anderson. This ±0.41-acre commercial property offers immediate cash flow with significant upside, making it an ideal acquisition for investors seeking strong returns and value-add potential. The property is currently generating $1,100/month ($13,200 annually) from two established income streams, including a long-term car wash tenant (4+ years) and back lot storage. Both tenants have expressed interest in remaining, providing stability and continuity for a new owner. A major value-add component is the on-site 2001 modular office building, featuring two office spaces, a lobby, and a bathroom. This unit is currently vacant by design, giving the next owner full flexibility. Prior leasing efforts generated strong interest at approximately $1,400/month, creating the opportunity to add $16,800 annually. Total Potential Income: Up to $30,000/year once stabilized. Operating expenses remain low, with property taxes at $996.21/year, insurance at $578/year, electric averaging $1,560/year, water approximately $288/year, and optional lawn care at $720/year. This brings total annual expenses to approximately $2,702 without lawn care, or $3,422 including it. With stabilized income and minimal overhead, this property represents an over 30% cap rate opportunity, a rare find for a small commercial asset in today’s market. All tenants are currently on month-to-month agreements, allowing flexibility to adjust rents, renegotiate terms, or reposition the property to maximize returns. The sellers have received interest but are confident in the property’s income potential and are seeking a buyer who recognizes the opportunity to capitalize on this asset’s strong fundamentals and upside.

FOR SALE DETAILS

PRICE

$75,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

commercial

APN/PARCEL ID

125-13-01-001

ASK ABOUT THIS PROPERTY

Alexandria DoughertyThe Ferreri Team.More Info
864-884-4719

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Alexandria DoughertyThe Ferreri Team.More Info
864-884-4719

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.