3495 Mcelhaney RdGreer, SC 29651

Property Details for 3495 Mcelhaney Rd

Year built

1960

Lot size

0.53 AC

Property size (Sq ft)

1,647 SF

Zone code

UNZONED

Property type

Individual retail properties

APN

0631.01-05-004.02

APU

631010500402

Description

This exceptional 1,647 square foot storefront property, located at 3495 N McElhaney Rd in Greer, South Carolina (zip code 29651), is offered for sale at $245,000. Built in 1960, this single-story mixed-use building sits on a 0.53-acre lot and is currently unzoned. The property features three spacious rooms, two bathrooms, and a convenient laundry room, making it ideal for a variety of salon services. The open front area is perfect for a reception area, while a large sitting room offers additional client comfort. A portion of the backyard is fenced, providing privacy and potential outdoor space. The ceiling height is under 12 feet. New ductwork has been recently installed. This property presents a fantastic opportunity for a business owner seeking a well-appointed space in a desirable location. The asking price of $245,000 translates to $148.76 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $467,193

  6.5%

  $431,255

  7%

  $400,451

• Comparable approach

  Method

  Valuation

  Relative Method

  $341,706

  Geo Method

  $341,706

• Alternative Use

  Use

  Valuation

  Residential

  $363,780

  Hospitality

  $333,220

  Educational

  $277,235

  Medical

  $286,770

  Retail

  $431,255

Location Insight

City

Greer

County

Greenville

State

South Carolina

Latitude

34.9962

Longitude

-82.2596

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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