250 RiverplaceGreenville, SC 29601

Property Details for 250 Riverplace

Lot size

2.08 AC

Zone code

C-4

Property type

Retail properties

Property subtype

Parking lots & garages

APN

0060.00-03-003.00

APU

60000300300

Description

RiverPlace Retail presents a unique opportunity for discerning businesses seeking prime retail space in the heart of Greenville, South Carolina. This Class A property offers two available spaces, each boasting generous square footage; one measuring 2,911 square feet and the other 2,940 square feet. A total of 5,851 square feet is currently vacant, providing flexibility for a variety of retail, service, or fitness concepts. The property's exceptional location offers unparalleled accessibility and visibility. Situated adjacent to the Embassy Suites of Downtown Greenville, it benefits from high foot traffic and strong brand recognition. Furthermore, its proximity to the Swamp Rabbit Trail, a popular recreational path attracting over 500,000 annual visitors, ensures consistent exposure to a diverse customer base. Main Street, Falls Street, and River Street provide convenient access for both vehicular and pedestrian traffic. The strategic location lends itself perfectly to businesses seeking high visibility and convenient access for customers. The potential for outdoor seating and dining areas adds to the property's appeal, creating an inviting atmosphere for patrons. This is an exceptional opportunity to establish a thriving business in a vibrant and rapidly growing area of Greenville County. The multiple tenancy structure allows for flexibility and potential for synergistic businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $25,346,260

  6.5%

  $23,396,548

  7%

  $21,725,366

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,806,886

  Geo Method

  $18,806,886

• Alternative Use

  Use

  Valuation

  Residential

  $19,735,864

  Hospitality

  $18,077,944

  Educational

  $15,040,638

  Medical

  $15,557,908

  Retail

  $23,396,548

Location Insight

City

Greenville

County

Greenville

State

South Carolina

Latitude

34.8474

Longitude

-82.4032

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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