319 Washington Street

Description

Welcome to your next investment property in the heart of downtown Barnwell, South Carolina. This 1950's brick office building is the kind of asset that simply makes sense for an investor looking for steady income and long term value. With solid brick construction and a durable foundation, it was built to last, and the updates over the years have kept it functional and efficient. The building was fully renovated in the 1990s, including the installation of energy efficient windows, and it features two separate HVAC systems for better climate control and flexibility. Inside, there are nine individual office spaces, two conference rooms, and three bathrooms. Front and rear entryways each have their own reception area, making the layout practical and easy to lease. Custom solid wood stained doors, trim, and built in bookcases add a level of quality you do not often find in typical office space. For an investor, the opportunity is clear. There are currently two tenants in place, so the property is already producing income from day one. With nine separate offices, you can lease individual spaces to multiple businesses and create several streams of rental income under one roof. Instead of depending on one tenant, you have the ability to spread risk, increase occupancy, and adjust rents over time to grow your cash flow. Downtown professional space remains in demand, which supports long term stability and upside potential. The lot next to the building is also included in the sale, giving you even more flexibility. It can be transformed into a dedicated parking lot to enhance tenant convenience, built on to expand square footage and increase income, or simply held as open space for future development. Having that additional parcel in downtown Barnwell adds real value and long term options. This is more than just a building. It is an income producing property with room to grow in one of the most visible and established areas of Barnwell.