111 Main StGreer, SC 29651

Property Details for 111 Main St

Lot size

0.12 AC

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

G020.00-01-020.00

APU

G020000102000

Description

This exceptional Class A office building, located in the heart of Greer Station at 111 S. Main St., Greer, SC 29651, offers a prime opportunity for businesses seeking a prestigious address. The recently renovated (2023) two-story building boasts 7,500 square feet of total space, with a single available suite of 653 square feet situated on the second floor. This multi-tenant building features a desirable mix of professional office occupants. The building enjoys a highly visible location on S. Main Street (Highway 14), adjacent to a city-owned surface parking lot, ensuring ample parking for tenants and visitors. The 9-foot ceilings provide a spacious and comfortable work environment. This property is zoned GS and sits on one acre of land. Its convenient location offers easy access to local amenities, including restaurants and a post office, as well as the Greenville-Spartanburg International Airport and Interstate 85. The building's prime location and recent renovations make it an ideal choice for a variety of professional office users. The minimum divisible space is 653 square feet, and the maximum contiguous space available is also 653 square feet. The building was originally constructed in 1950 and comprises four total suites. Currently, 653 square feet of space is vacant. This is a rare opportunity to secure office space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,034,797

  6.5%

  $955,197

  7%

  $886,969

• Comparable approach

  Method

  Valuation

  Relative Method

  $441,124

  Geo Method

  $441,124

• Alternative Use

  Use

  Valuation

  Residential

  $1,184,445

  Hospitality

  $1,084,945

  Educational

  $902,662

  Medical

  $933,706

  Retail

  $1,404,140

Location Insight

City

Greer

County

Greenville

State

South Carolina

Latitude

34.938

Longitude

-82.2277

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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