For sale
  • $1,450,000

    103 Court Sq, Abbeville, SC 29620

    4beds
    2baths
    7,846sqft
    : 
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $185/sqft
    $-- HOA

    What's special

    Large downtown footprintDirectly on court squareLarge buildable rear lot
    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.
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