603 Main StSpartanburg, SC 29301
- Office properties
- 1,701 SF
Property Details for 603 Main St
- Year built
- 1955
- Construction
- BRICK
- Lot size
- 0.32 AC
- Property size (Sq ft)
- 1,701 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 7-1213-11000
- APU
- 7121311000
Description
This exceptional 1,700 square foot executive office space in Spartanburg, South Carolina, is available for lease at $1,850 per month on a modified gross basis. Located at 603 W Main St, this single-tenant property sits on a 0.32-acre lot and boasts approximately 100 feet of road frontage. The interior features multiple rooms and open spaces ideal for office work and meetings, offering flexibility for various uses, including retail or even church space. Ample parking is available at the rear of the building. Its convenient location offers easy access to downtown Spartanburg (approximately 1.1 miles away), Interstate 26 (approximately 3.1 miles away), and a vibrant mix of businesses, churches, shopping, and restaurants. The surrounding area demonstrates strong demographics, with a 5-mile radius encompassing a population of 28,972, 11,119 households, and an average household income of $47,888 (2023 data). The property also benefits from high traffic volume, with a daily count of 14,559 vehicles passing by. This versatile space presents a compelling opportunity for businesses seeking a well-located and adaptable office environment in a thriving community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $328,516
- 6.5%
- $303,246
- 7%
- $281,585
-
Comparable approach
- Method
- Valuation
- Relative Method
- $140,043
- Geo Method
- $140,043
-
Alternative Use
- Use
- Valuation
- Residential
- $376,025
- Hospitality
- $344,437
- Educational
- $286,567
- Medical
- $296,423
- Retail
- $445,771
Location Insight
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Latitude
- 34.9438
- Longitude
- -81.947
- CBSA code
- 43900
- CBSA name
- SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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