119 S Oakland Ave

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119 S Oakland Ave

rock-hill, SC 29730
Asking Price
$1.50M
Asset Type
Retail
Class
Class B

What's Special

119 S Oakland Avenue is situated in the downtown historic district of Rock Hill, South Carolina. The property sits within a walkable urban corridor characterized by a mix of local boutiques, professional offices, and academic buildings. It is positioned near the Winthrop University campus and the Knowledge Park redevelopment zone. The location offers proximity to the municipal courthouse and city hall, with surface parking options available nearby. Regional access is provided via Highway 21, connecting the site to the broader Charlotte metropolitan area. The building is suited for boutique retail, specialty services, or a neighborhood showroom. Given the pedestrian traffic from nearby residential lofts and the university student population, the asset is positioned for tenants such as independent retailers, fitness studios, or cafes. The street-front visibility and historical character of the area cater to businesses seeking an established urban presence. This location supports enterprises that benefit from a mix of daytime professional employees and evening recreational visitors within the downtown core.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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