Metal Workshop Building and
103 Smith St Greenwood, SC 29649
New
103 Smith St, Greenwood, SC, 29649
$750,000
For Sale
$750,000
COMMERCIAL - Greenwood, SC
Property Size7,600 SF
Price / SF$98.68
Days on Market2
Property Features for 103 Smith St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-2
- Standard status
- Active
- Size
- 7,600 SF
Building Details
- Year built
- 2008
Listing agency
eXp Realty LLC (Greenville)
(888) 440-2798
Listed by
Dana Merritt · License #102295
(864) 992-1987
Added: Jul 20 Updated: Jul 21 at 12:07AM Checked: Jul 21 at 8:06AM
MLS# 140256
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 mixed-use property includes a 50' x 100' metal workshop building built in 2008, offering approximately 5,000 square feet of versatile space with 12-foot garage doors. It also features a brick home with dedicated office space, described as having a newer roof from 2008–2009. Two additional residentially zoned lots are included, providing options for future residential development or expansion subject to zoning and local approvals.
The property is located at 103 Smith St in Greenwood, South Carolina. Zoning is listed as C-2, and the remarks note the area has the option of natural gas and city water.
With multiple buildings and flexible configurations, this site supports a range of business uses tied to the workshop and office spaces while maintaining room for further development across the included lots.
The property is located at 103 Smith St in Greenwood, South Carolina. Zoning is listed as C-2, and the remarks note the area has the option of natural gas and city water.
With multiple buildings and flexible configurations, this site supports a range of business uses tied to the workshop and office spaces while maintaining room for further development across the included lots.
Key Highlights
- Built in 2008, 50' x 100' metal commercial building with approx. 5,000 SF and 12‑ft garage doors
- Includes equipment/storage/warehouse‑style space suited for automotive use, workshop, or other business ventures
- Brick home with dedicated office space for business use, meeting clients, or additional workspaces
Local Financial Insights For Warehouse
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 | $68.4k | $9.00 |
| − Vacancy | −$4.4k | −$0.59 |
| EGI | $64.0k | $8.42 |
| − OpEx | −$9.6k | −$1.26 |
| NOI | $54.4k | $7.15 |
7,600 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.85M
$1.62M – $2.16M
NOI $129,682 @ 7.0% cap · market cap 17.29%
Second Best
Mixed Use
$1.07M
$940.5K – $1.25M
NOI $75,240 @ 7.0% cap · market cap 10.03%
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,122 @ 7.0% cap · market cap 22.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Mixed-use property with a 50' x 100' metal workshop plus a brick home featuring dedicated office space and additional lots.
Where is this flex space located?
The property is located at 103 Smith St Greenwood, SC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Built in 2008, 50' x 100' metal commercial building with approx. 5,000 SF and 12‑ft garage doors; Includes equipment/storage/warehouse‑style space suited for automotive use, workshop, or other business ventures; Brick home with dedicated office space for business use, meeting clients, or additional workspaces
