Greenwood Commercial Building For
1201 E Cambridge Av Greenwood, SC 29649
For Sale
$395,000
COMMERCIAL - Greenwood, SC
Property Size10,000 SF
Lot Size0.80 Acres
Price / SF$39.50
Days on Market314
Property Features for 1201 E Cambridge Av
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R-4
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.80 Acres
Building Details
- Year built
- 1958
Listing Agency:
Greenwood Realty Inc.
(864) 388-0202
Listed By:
Renee Simchon
(864) 388-0202
Added: Sep 17, 2025
Changed: Jun 29
Last Checked: Jul 27 at 2:06AM
MLS# 134454
Copyright © 2026 Greenwood Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building is located in the heart of Greenwood's busiest corridor. The property, suitable for an owner-user or investor, features over 4,000 square feet of finished office and showroom space, along with more than 6,200 square feet of warehouse space. The warehouse includes five roll-up bay doors for access within a fenced access point. Constructed with a concrete frame, stucco, and metal, the property offers durability and function. The finished office areas include tile, carpet, or vinyl flooring with freshly painted interiors. Situated on a large corner lot, the property benefits from excellent visibility and a high traffic count. The property is zoned R-4 and the lot size is 0.8 acres.
Key Highlights
- Prime location in Greenwood's busiest corridor with excellent visibility and high traffic count.
- Over 4,000 sq ft of finished office/showroom space and over 6,200 sq ft of warehouse space.
- Five roll‑up bay doors provide easy warehouse access within a fenced area.
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.8k | $5.28 |
| − Vacancy | −$4.0k | −$0.40 |
| EGI | $48.8k | $4.88 |
| − OpEx | −$17.1k | −$1.71 |
| NOI | $31.7k | $3.17 |
10,000 SF · lease $5.28/SF/yr · vacancy 7.57% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$1.02M
$894.1K – $1.19M
NOI $71,528 @ 7.0% cap · market cap 18.11%
Second Best
Industrial
$841.5K
$736.3K – $981.8K
NOI $58,905 @ 7.0% cap · market cap 14.91%
Theoretical Best
Office A
$3.14M
$2.75M – $3.66M
NOI $219,897 @ 7.0% cap · market cap 55.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Always Best Care ...
Home Health Care Service
South Carolina Legal ...
Law Firm
FAQs
What type of property is this?
Flex space - Office, showroom, and warehouse space in a prime location.
Where is this flex space located?
The property is located at 1201 E Cambridge Av Greenwood, SC.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Prime location in Greenwood's busiest corridor with excellent visibility and high traffic count.; Over 4,000 sq ft of finished office/showroom space and over 6,200 sq ft of warehouse space.; Five roll‑up bay doors provide easy warehouse access within a fenced area.
