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Automotive Repair and Storage Facility

1010 NE Main Street Simpsonville, SC 29681

New
1010 NE Main Street, Simpsonville, SC, 29681
$1,250,000
For Sale
$1,250,000

Automotive repair shop with detached storage and 16 parking spaces on C-2 zoned frontage.

Property Size2,850 SF
Lot Size0.53 Acres
Price / SF$438.60
Days on Market1

Property Features for 1010 NE Main Street

General Information

Standard status
Active
Size
2,850 SF
Lot size
0.53 Acres
Property subtype
Retail
Listing Agency SVN Palmetto
Listed by Daniel Holloway · License #SC #106855
Source Svn
Added: Jul 18 Checked: Jul 18 at 2:26 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Palmetto


Investment Insights

Based on property information with market context.

A half-acre commercial property offering a 12,000 SF automotive repair shop plus an additional 850 SF detached storage building. The site also includes 16 parking spaces, supporting everyday customer and service access.

The property has more than 100 feet of frontage along NE Main Street, which is reported to carry more than 23,000 vehicles per day. It is located in close proximity to I-385 and Highway 14 and is zoned C-2 in Greenville County.

With C-2 zoning and substantial street frontage, the improvements are suited to a range of commercial uses consistent with the district, while maintaining an existing automotive repair and storage configuration.

Key Highlights

  • ±12,000 SF automotive repair shop on a .53 AC parcel
  • Additional ±850 SF detached storage building
  • C‑2 zoning (Greenville County) allowing a wide variety of potential uses

Local Financial Insights For Retail

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 $62.6k $21.96
− Vacancy −$2.3k −$0.79
EGI $60.3k $21.17
− OpEx −$18.1k −$6.35
NOI $42.2k $14.82
2,850 SF · lease $21.96/SF/yr · vacancy 3.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$603.3K
$527.9K – $703.9K (±1% cap)
NOI $42,233 @ 7.0% cap · market cap 3.38%
Second Best
Industrial
$156.9K
$137.3K – $183.1K (±1% cap)
NOI $10,983 @ 7.0% cap · market cap 0.88%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,239 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Valvoline Instant Oil ... Auto Repair Shop Valvolene Auto Repair Shop

Suggested Use

Law Firm Real Estate Agency HVAC Service Auto Parts Store Garden Center Pharmacy Furniture & Home Goods Big Box & Wholesale Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Valvoline Instant Oil Change — 409 SE Main St, Simpsonville, SC 29681
  • Brakes 4 Less — 721 NE Main St, Simpsonville, SC 29681
  • Chuck's Automotive Repair Services — 111 Cook St, Simpsonville, SC 29681
  • Mobile Oil Masters — 118 NE Main St, Simpsonville, SC 29681
  • The Towing Service, LLC — 801 NE Main St, Simpsonville, SC 29681

FAQs

What type of property is this?
Auto shop - Automotive repair shop with detached storage and 16 parking spaces on C-2 zoned frontage.
Where is this auto shop located?
The property is located at 1010 NE Main Street Simpsonville, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: ±12,000 SF automotive repair shop on a .53 AC parcel; Additional ±850 SF detached storage building; C‑2 zoning (Greenville County) allowing a wide variety of potential uses
Contact an agent
More about this property
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