860 Main StSpartanburg, SC 29301

This exceptional 4,224 square foot flex/warehouse property, located at 860 W Main Street in Spartanburg, South Carolina, presents a compelling investment opportunity. Currently operating at 100% occupancy with a strong NOI of $64,116 and an 8.00% cap rate, this Class B building offers five bays, ample office space, and parking. The asking price is $801,462.50, translating to $189.74 per square foot. Situated on a one-acre lot, the property boasts five loading docks, making it ideal for various industrial and distribution needs. The building benefits from recent renovations, including a new roof, doors, gutters, and office upgrades, ensuring long-term value and reduced maintenance costs. The property's multi-tenant structure provides diversification and stability, with a current monthly net rental income of $5,343. This stabilized industrial investment is offered for sale by owner and represents a rare opportunity to acquire a high-performing asset in a desirable location. The property's prime location in downtown Spartanburg offers easy access to major transportation routes and a thriving local economy. This is a turnkey investment ready for immediate income generation.