1752 Main StSpartanburg, SC 29307

Property Details for 1752 Main St

Year built

1972

Construction

CONCRETE BLOCKS

Lot size

0.23 AC

Property size (Sq ft)

2,368 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

7-0914-06500

APU

7091406500

Description

This 1,584 square foot retail building at 1752 E Main St, Spartanburg, SC 29307, is available for sale at $375,000. The property, a former dry cleaner, boasts a convenient drive-thru and is situated on the busy Eastside of Spartanburg, enjoying high visibility and traffic. With an estimated 26,600 vehicles passing daily (2019 AADT), this location offers excellent potential for a variety of businesses. The single-tenant building is currently vacant and presents a unique opportunity for immediate occupancy. Its strategic location is approximately two miles from downtown Spartanburg, placing it within easy reach of the city center. The property benefits from strong neighboring businesses, including Zaxby's, Andy's Custard, and Walgreens, contributing to a vibrant commercial environment. The lease rate is $3,000 per month, NNN. The Spartanburg County Tax Map number is 7-09-14-065.00. This property is ideal for an entrepreneur seeking a high-traffic location with existing infrastructure, or an investor looking for a strong return. The building's size and features make it suitable for a variety of retail uses. Don't miss this chance to acquire a well-positioned commercial property in a thriving South Carolina market.

• CAP approach

  CAP return

  Valuation

  6%

  $672,282

  6.5%

  $620,568

  7%

  $576,242

• Comparable approach

  Method

  Valuation

  Relative Method

  $491,293

  Geo Method

  $491,293

• Alternative Use

  Use

  Valuation

  Residential

  $523,472

  Hospitality

  $479,498

  Educational

  $398,937

  Medical

  $412,657

  Retail

  $620,568

Location Insight

City

Spartanburg

County

Spartanburg

State

South Carolina

Latitude

34.9659

Longitude

-81.8968

CBSA code

43900

CBSA name

SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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