2600 Main StSpartanburg, SC 29307

Property Details for 2600 Main St

Year built

1970

Construction

BRICK

Lot size

1.95 AC

Property size (Sq ft)

13,986 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

7-0900-01102

APU

7090001102

Description

This exceptional 13,500 square foot property, located at 2600 E Main Street in Spartanburg, South Carolina, presents a unique investment opportunity. The single-story building, constructed in 1970 and extensively renovated in 2023, sits on a 1.95-acre lot and offers a blend of retail and restaurant spaces. Currently, 5,300 square feet of space is available for lease, ideal for a variety of uses including retail boutiques, nail salons, spas, and restaurants. The property is zoned B-1 Neighborhood and features ample parking with 93 spaces. The existing tenant mix includes a successful coffee shop, and two dedicated food hall spaces are also available. Flexible lease terms are available for spaces ranging from 400 to 800 square feet. This prime location on the burgeoning East Side of Spartanburg offers high visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in a thriving community. The property's APN is 7-09-00-011.02, and it's situated in Spartanburg County, South Carolina, zip code 29307. No elevators are present on the property.

• CAP approach

  CAP return

  Valuation

  6%

  $3,970,666

  6.5%

  $3,665,230

  7%

  $3,403,428

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,901,698

  Geo Method

  $2,901,698

• Alternative Use

  Use

  Valuation

  Residential

  $3,091,759

  Hospitality

  $2,832,035

  Educational

  $2,356,220

  Medical

  $2,437,254

  Retail

  $3,665,230

Location Insight

City

Spartanburg

County

Spartanburg

State

South Carolina

Latitude

34.9793

Longitude

-81.8722

CBSA code

43900

CBSA name

SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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