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103 Court Square, Abbeville, SC 29620

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For Sale

$1,450,000

4 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

Offering Summary - 103 Court Square, Abbeville, South Carolina Price: $1,450,000 Building Size: 7800 SF mixed-use (verify actual) Lot Size: 0.48 acres (one of the largest privately held parcels downtown) Occupancy: 100% four residential units (one operating as executive/short-term stay) and two ground-floor commercial suites - Investment Highlights - Trophy Mixed-Use Asset: Highest quality building in downtown Abbeville with modern systems and finishes. - Diverse & Flexible Income Stream: Four upper-level residential units (three long-term, one executive/STR). - Stable Commercial Tenancy: Two ground-floor commercial suites fully occupied. - Large Downtown Footprint: 0.48 acres including a substantial rear lot for parking or potential expansion. - Prime Location: Directly on Court Square within walking distance of the Opera House, restaurants, and civic amenities. - Property Description 103 Court Square is a fully renovated mixed-use property featuring two ground-floor commercial units fronting Abbeville's historic square and four upper-level residential units (Two 2BR/1BA and Two 1BR/1BA). One upper-level unit has been converted into a furnished executive/short-term stay, filling local demand for furnished, flexible-term housing for professionals and travelers. The property sits on a combined 0.48-acre parcel including a large buildable rear lot used for tenant and customer parking. Systems, finishes, and facade upgrades position this asset as the highest-quality mixed-use property in the city. - Market Context Downtown Abbeville continues to see reinvestment and tourism growth. Mixed-use properties in South Carolina secondary markets typically trade in the 6.5 7.5% cap rate range; fully leased trophy assets with surplus land and diversified income compress closer to 6%. The addition of an executive/STR adds income upside and risk diversification beyond traditional apartment leases.
MLS# 134640

Courtesy Of Red Gate Realty

(864) 221-6935

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick, Stucco

Map and Directions

Directions to 103 Court Square, Abbeville, SC 29620

Home seller CENTURY 21 Blackwell & Co. Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Blackwell & Co. Realty, Inc.

(864) 370-7000
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.