Former medical office space under renovation and under a new 5-year lease available for an investor seeking strong returns with a high CAP rate of 8%. Full lease payment begins September 1, 2026. Tenant responsible for all property taxes, regime, and insurance costs. New tenant to use for medical education purposes once renovations are complete. Adjacent suite, 1300, is also under lease to same tenant and same lease terms. The building has an association and regime fee that covers most operating costs. Not included are condo insurance and interior janitorial. The association has modified the uses within the building to include other professional uses and some retail such as food service or some retail related to medical such as a pharmacy or eyewear. Lease shall be made available with acceptable offer.
| MLS # | 100596317 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| HOA Dues | $17,516 |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1985 |
| Days On Site | 91 |
| Listing Provided By | Re/max Tattersall Group | Tad Barber |
| SQ Feet | 2,642 |
|---|---|
| Zoning | Office |
| Acreage | 0.06 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Roof | Membrane, Flat |
|---|---|
| Foundation Details | Slab |
| Lot Features | See Remarks |
| Construction Materials | Block, Brick Veneer, Steel Frame |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Asphalt |
| Utilities | Electricity Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Single Phase |
| Tax Assessed Value | 20000 |
|---|---|
| Tax Book Number | 26 |
| Tax Legal Description | APT PARCEL 1200 AIKEN MED CENTERAMCA SUITE 1200 |
| Tax Year | 2025 |
| State | SC |
|---|---|
| County | Aiken |
| City | Aiken |
| Zip Code | 29801 |
| Listing VS Median (in 29801) | |
Price: $595,000 low | high Med: $299,900 sqft: 2,642 low | high Med: 2,355 $ / sqft: $225 low | high Med: $132 On site: 91 low | high Med: 246 | |
| State | SC |
|---|---|
| County | Aiken |
| City | Aiken |
| Zip Code | 29801 |
| Listing VS Median (in 29801) | |
Price: $595,000 low | high Med: $299,900 sqft: 2,642 low | high Med: 2,355 $ / sqft: $225 low | high Med: $132 On site: 91 low | high Med: 246 | |