1010 Church Street ExtSpartanburg, SC 29306

Property Details for 1010 Church Street Ext

Year built

1936

Construction

BRICK

Lot size

0.62 AC

Property size (Sq ft)

4,262 SF

Property type

Retail properties

Property subtype

Bars

APN

7-1610-02400

APU

7161002400

Description

This exceptional owner-user opportunity presents a versatile 4,262 square foot industrial building situated on a half-acre lot in Spartanburg, South Carolina. Located at 1010 S Church St Ext, 29306, this property boasts a prime location with excellent frontage on S. Church St. Ext. The building features two levels: a spacious main floor with a large open area, ideal for various uses, and a second-floor office space. Previously used as an entertainment venue, the property includes a six-foot hood system, suggesting potential for food service or similar businesses, although this is not guaranteed. All utilities are conveniently located on-site. The property is outside city limits, offering potential tax advantages. The Spartanburg County Tax Map number is 7-16-10-024.00. This adaptable space is perfect for a business seeking a blend of warehouse, distribution, and office functionality. The asking price is $250,000, making it an attractive investment for owner-occupants. The property's flexible layout and convenient location make it a compelling opportunity for a wide range of businesses. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,209,994

  6.5%

  $1,116,918

  7%

  $1,037,138

• Comparable approach

  Method

  Valuation

  Relative Method

  $884,244

  Geo Method

  $884,244

• Alternative Use

  Use

  Valuation

  Residential

  $942,162

  Hospitality

  $863,015

  Educational

  $718,019

  Medical

  $742,712

  Retail

  $1,116,918

Location Insight

City

Spartanburg

County

Spartanburg

State

South Carolina

Latitude

34.9271

Longitude

-81.9336

CBSA code

43900

CBSA name

SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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