778 Union StSpartanburg, SC 29306

  • Commercial real estate
  • 1,024 SF
For Sale
$375,000 View listing

Property Details for 778 Union St

Year built
1945
Construction
WOOD
Lot size
0.28 AC
Property size (Sq ft)
1,024 SF
Property type
Commercial real estate
APN
7-1604-14600
APU
7160414600

Description

This fully remodeled office building presents a fantastic opportunity in Spartanburg, SC. Situated on a 0.27-acre lot at 778 Union, the property boasts a newly added section, resulting in a total of seven individual offices and a spacious reception area. The interior features updated plank vinyl flooring in the front offices and new carpeting in the rear four offices, creating a professional and inviting atmosphere. Two bathrooms are included, with one designed to meet ADA compliance standards. A convenient kitchenette and a large storage closet are also available, equipped with a new on-demand water heater. The building is serviced by natural gas. Accessibility is enhanced by an ADA-compliant ramp leading to the front entrance. Ample parking is provided with five spaces in the front, including one designated handicapped space, and additional parking located at the rear of the building. A valuable outbuilding at the rear of the property offers extra storage space. The asking price for this turnkey office building is $375,000. This property is ideal for a variety of businesses seeking a modern, well-maintained space with convenient amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $226,366
    Hospitality
    $207,350
    Educational
    $172,513
    Medical
    $178,446
    Retail
    $268,354

Location Insight

City
Spartanburg
County
Spartanburg
State
South Carolina
Latitude
34.9404
Longitude
-81.91
CBSA code
43900
CBSA name
SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,780
$1,992
$3,696
$5,688
-
$33,200
$61,600
$94,800

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