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221 W Laurens St
Laurens, SC 29360

$500,000 USD

Medical For Sale • 5,943 SF

Property Details

Property Type Medical
Total Building Size 5,943 SF
Lot Size 0.25 AC
Building Class B
Year Built 1970
Cap Rate 5.14 %
Tenancy Multiple
Zoning CC

50 Walk Score

                
                    Highlights
                
                                Substantial renovation in 2022 – All the work is done, just lease it up
                            
                                Longstanding tenant in place 
                            
                                54% vacancy for owner/user or value-add potential – Lease up and increase cash flow
                            
                                Rare dedicated parking (18 spaces) – An asset in the downtown market
                            
                                Pro-forma NOI: ±$70,000 annually – Strong upside potential

Property Flyers

221 W Laurens St - SVN Flyer(1)

Financial Summary (Proforma)

Net Operating Income: $71,345 USD (2025)

Cap Rate:	5.14 %
Total Expenses:	$7,578 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Gleamns Neighborhood Center	2,283 SF	8/31/2025
Rave Energy of Laurens	312 SF	7/31/2027

Public Transportation

Airport	Drive	Walk	Distance
Greenville Spartanburg International	53 min	-	39.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	18
Type:	Surface
Included in Rent:	Yes

Brett Mitchell 864-498-3664 SVN | Palmetto CRE

221 W Laurens St Laurens, SC 29360