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Live-Work and Office Floors

327 Main St Greenwood, SC 29646

Claim this Listing
For Sale
$390,000

COMMERCIAL - Other - Greenwood, SC

Property size:
1,817 SF
Price / SF:
$214.64/SF
Added:
May 12, 2026
Days on Market:
64
Last Refresh:
Jul 14 at 9:06 am

Property Features for 327 Main St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
1,817 SF

Building Details

Year built
1922
Building materials
Masonite
Roof type
Tar/Gravel
Architectural style
Other

Listing agent Amy Mcalister

Listing office GREENWOOD REALTY INC 225 Bypass 72 NW, Greenwood, SC

Listing date May 12, 2026

MLS# 11742499

Copyright © 2026 My State MLS. 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 offering includes Floors 6 and 8 within The Grier Building at 327 Main Street. The combined space totals approximately 1,800 square feet and is presented as an open canvas, suitable for a variety of tenant layouts and finish-outs. The 8th floor includes unique access to both the basement and the roof, providing additional flexibility for operational needs or creative buildout concepts. The space can also be purchased and operated as separate floors, depending on how an end user or investor wants to structure the acquisition.

The property is positioned in the heart of downtown Greenwood, with walkable access to Uptown Greenwood and nearby shopping, dining, arts venues, and a museum. For tenants who want to be close to local activity and amenities, the building’s central placement supports a convenient day-to-day experience.

From a tenant or buyer standpoint, the ability to split the configuration allows for flexibility in how space is planned and occupied. The open layout can support office use, live-work concepts, or other compatible commercial uses, while the basement and roof access tied to the 8th floor can be particularly useful for operators planning for added movement or storage options within the building. This is a versatile floor-level opportunity for parties seeking adaptable downtown space in a single ownership structure or split purchase approach.

Key Highlights

  • Floors 6 & 8 at The Grier Building, 327 Main Street, offering 1,800+ SF of versatile space
  • 8th floor provides unique access to both the basement and the roof for added flexibility
  • Building was constructed in 1922

Local Financial Insights For Office B

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 $48.8k $26.88
− Vacancy −$7.5k −$4.13
EGI $41.3k $22.75
− OpEx −$10.3k −$5.69
NOI $31.0k $17.06
1,817 SF · lease $26.88/SF/yr · vacancy 15.36% · expense 25.00%

Alternative Uses

Best Use
Office B
$442.9K
$387.6K – $516.7K (±1% cap)
NOI $31,004 @ 7.0% cap · market cap 7.95%
Second Best
Mixed Use
$257.0K
$224.9K – $299.8K (±1% cap)
NOI $17,988 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$570.8K
$499.4K – $665.9K (±1% cap)
NOI $39,955 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Cherry MacTaggart Counselor Buffalo Grill Restaurant Earcelia Paul-Hill Counselor

Suggested Use

Building Supply Big Box & Wholesale Store Electrical Service HVAC Service Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Two downtown floors offer adaptable space, with split options and special basement and roof access from the 8th floor.
Where is this live-work space located?
The property is located at 327 Main St Greenwood, SC.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Floors 6 & 8 at The Grier Building, 327 Main Street, offering 1,800+ SF of versatile space; 8th floor provides unique access to both the basement and the roof for added flexibility; Building was constructed in 1922
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