148 River StGreenville, SC 29601

  • Office properties
  • 0.83 AC
For Lease
$28/SF/YR View listing

Property Details for 148 River St

Year built
1995
Lot size
0.83 AC
Zone code
C4
Property type
Office properties
Property subtype
Office buildings
APN
0071.00-02-001.00
APU
71000200100

Description

The Innovate Building, located at 148 River St., Suite 210 in Greenville, South Carolina, offers a unique 4,721 square foot office space available for lease starting April 2024. This Class A commercial property, situated in Greenville County (zip code 29601), is part of a larger building totaling 45,718 square feet, constructed in 1904 and extensively renovated in 2000. The space boasts impressive 15-foot exposed ceilings and original hardwood floors, creating a blend of historical charm and modern functionality. The flexible, open floor plan allows for versatile configurations to suit various business needs. Tenants enjoy access to a 1,200 square foot technology-enhanced conference center, scheduled for use by all tenants. An attractive amenity is the outdoor rooftop lounge providing stunning views of downtown Greenville. Convenient parking is readily available across the street at the corner of Falls Park Drive and River Street, supplemented by several city-owned parking decks within walking distance. The property is zoned MX-D by the City of Greenville, offering a range of permitted uses. This two-story building presents a compelling opportunity for businesses seeking a prestigious and well-appointed office space in a vibrant urban setting.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,893,670
    6.5%
    $6,363,388
    7%
    $5,908,860
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,983,804
    Geo Method
    $2,983,804
  • Alternative Use

    Use
    Valuation
    Residential
    $7,890,600
    Hospitality
    $7,227,748
    Educational
    $6,013,401
    Medical
    $6,220,212
    Retail
    $9,354,180
148 River St, Greenville, South Carolina

Location Insight

City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8467
Longitude
-82.4037
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, 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
$102,927
$20,680
$262,600
$283,280
-
-
-
$5,457,360

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