Now that Cobblestone Used Furniture in Greenwood has closed, there’s a sign in the window advertising it for rent.
A hand-written sign over the retail space available sign says it’s 3,386 square feet and is being offered at $19 per square foot. That works out to $64,334, annually, we assume. It also says there’s a 3.5 percent annual increase on the rent. I’ve not priced a lot of retail space, so does anyone have any insights on whether that’s a reasonable rate?