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Versatile Downtown Greenwood Commercial Space

327 Main St Floors 6 & 8 Greenwood, SC 29646

Claim this Listing
For Sale
$390,000

COMMERCIAL - Greenwood, SC

Property size:
1,817 SF
Price / SF:
$214.64/SF
Added:
Apr 28, 2026
Days on Market:
78
Last Refresh:
Jul 14 at 9:06 am

Property Features for 327 Main St Floors 6 & 8

General Information

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

Building Details

Year built
1922

Listing agent Amy McAlister

Listing office Greenwood Realty Inc. 225 Bypass 72W Suite C, Greenwood, SC

Listing date Apr 28, 2026

MLS# 139703

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.

Located in downtown Greenwood, this commercial property offers a versatile space suitable for various uses. The property, situated on Floors 6 & 8 of The Grier Building at 327 Main Street, encompasses over 1,800 square feet. This space presents an open canvas, ready to be transformed into an urban residence, a live/work space, or a business hub. The 8th floor includes access to both the basement and the roof, providing flexibility and customization options. The properties can be split, offering flexibility for investors or end users. The location provides walking distance access to local shops, dining, the arts scene, and the museum. This property is located in Uptown Greenwood.

Key Highlights

  • Expansive 1,800+ sq ft versatile space in downtown location.
  • Opportunity to create urban residence, live/work space, or business hub.
  • Unique access to both basement and roof from the 8th floor.

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?
Mixed-use property - Unique mixed-use opportunity in the heart of downtown Greenwood.
Where is this mixed-use property located?
The property is located at 327 Main St Floors 6 & 8 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: Expansive 1,800+ sq ft versatile space in downtown location.; Opportunity to create urban residence, live/work space, or business hub.; Unique access to both basement and roof from the 8th floor.
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More about this property
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