This beautifully renovated, two-story Class A office building at 506 Pettigru Street in Greenville, South Carolina, offers multiple suites for lease. The 3,696 square foot building sits on a 0.244-acre lot and boasts a 2023 renovation. Currently, one vacant suite of approximately 790 square feet is available on the first floor, ideal for executive or creative office use. The minimum leasable space is 500 square feet, with a maximum contiguous space of 900 square feet. The building features a total of three suites and ample on-site parking for 20 vehicles. Its prime location provides easy access to downtown Greenville, Interstate 385, and Laurens Road. Built in 1935, this property benefits from its recent modernization while retaining its character. The zoning is designated as OD. The building is a single structure with two stories and no elevators. This is an exceptional opportunity for businesses seeking a prestigious and convenient location in Greenville's thriving commercial district. Inquire today to learn more about leasing options.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,372,580
6.5%
$2,190,080
7%
$2,033,640
Comparable approach
Method
Valuation
Relative Method
$892,587
Geo Method
$892,587
Alternative Use
Use
Valuation
Industrial / Distribution
$4,549,890
Retail / Commercial
$2,257,640
Hospitality / Lodging
$1,529,300
Office
$2,115,080
Institutional / Educational
$2,255,530
Residential Income
$2,638,970
Multifamily
$3,494,970
Automotive / Energy
$1,933,310
Parking / Income-Based Land
$725,960
Restaurant / Food Service
$1,012,060
Healthcare / Senior Housing
$2,306,910
Location Insight
City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8505
Longitude
-82.3865
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
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Pettigru St Greenville, SC 29601
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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