For Sale
$4,925,000

1520 Greenville StAnderson, SC 29621

Anderson, SC Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional value-add opportunity presents a 82,267 square foot, multi-tenant shopping center in Anderson, South Carolina. Currently 49% occupied, the property boasts a prime location on a signalized intersection with high daily traffic volume (26,400 vehicles). The center features a strong anchor tenant, Badcock Home Furniture (a top 10 location in South Carolina for foot traffic), along with Goodwill, ATI Physical Therapy, and other established businesses. A significant 35,922 square foot space is available for lease, presenting substantial upside potential. Built in 1980 and renovated in 2008, the single-story building sits on a large 9.58-acre lot zoned for general commercial use. The property benefits from its proximity to major traffic generators including Publix, Walgreens, CVS, Chick-fil-A, Sonic, Starbucks, and AnMed Health (a 461-bed medical center) and Anderson University (4,117 students). The surrounding 5-mile demographic boasts nearly 72,000 residents with an average household income near $74,000. This is a rare chance to acquire a well-positioned retail center with significant growth potential in a thriving South Carolina market. The asking price is $4,925,000, with a price per square foot of $59.87. The property consists of nine units.

Highlights

  • 82,267 square foot multi-tenant retail center.
  • Value-add opportunity with 49% occupancy and 35,922 square feet of available space.
  • High-traffic location at a signalized intersection with 26,400 vehicles per day, situated on a large 9.58-acre parcel.
  • Anchored by a top-performing Badcock Home Furniture (top 10 in South Carolina for foot traffic).
  • Strong tenant mix including Goodwill, ATI Physical Therapy, Clever Techs, Kid City, and a salon.
  • Located 1.5 miles from AnMed Medical Center (461 beds) and AnMed Health North Campus.

Property Details for 1520 Greenville St

Property type
Lifestyle centers, Power centers
Square Feet
82,267 SF
Year Built/Renovated
1980/2008
Buildings
1
Stories
1
Lot Size (sq. ft)
417,305 SF
Units
9

Location Insight

City
Anderson
County
Anderson
State
South Carolina
Latitude
34.525679
Longitude
-82.6359675
1520 Greenville St, Anderson, South Carolina

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1520 Greenville St
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