Building Details

Flooring type Linoleum, Wood

Building materials Frame

Roof type Aluminum

Listing Agency: Griffith Real Estate Advisors l***@gmail.com Show Phone

Listed By: Katina Shirley · License #94785 Show Phone

Added: Sep 30 Last Checked: Oct 7 at 7:06AM

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MLS# 1605336

Copyright © 2026 Greater Greenville 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.

The property includes a circa-1917 frame building with approximately 2,200 square feet, high ceilings, generous rooms, original architectural details, multiple fireplaces and a wraparound porch. A renovated guest house adds a full kitchen, bathroom and laundry. Several garages, barns and storage areas are also on site, along with mature pecan trees and broad grounds. The main building’s character and the additional spaces provide options for a range of commercial uses, including office, salon, studio or hospitality concepts.

Located along the SC Highway 8 and Main Street corridor in West Pelzer, the property has approximately 9,300 vehicles per day traveling the surrounding corridor. It is 4 miles from I-85, 17 miles from downtown Greenville and 30 minutes from Clemson. Sidewalks and room for future parking or site improvements are also noted.

Key Highlights

• Circa‑1917 frame building with approximately 2,200 square feet
• Renovated guest house includes a full kitchen, bath and laundry
• Multiple garages, barns and storage areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$32,601

Cap Rate

5.94%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$652,020 $652.0K

Cap Rate 7%

$465,729 $465.7K

Cap Rate 9%

$362,233 $362.2K

Market Conditions

NOI Build-Up for 2,200 SF

Gross rent

$48.3K $21.96/SF

− Vacancy

−$1.7K −$0.79/SF

EGI

$46.6K $21.17/SF

− OpEx

−$14.0K −$6.35/SF

NOI

$32.6K $14.82/SF

Area

Greenville County, SC

Vacancy

3.60%

Lease Rate

$21.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$652,020

Cap Rate 7%

$465,729

Cap Rate 9%

$362,233

Alternative Uses

Best Use

Retail

$465.7K

$407.5K – $543.4K (±1% cap)

NOI $32,601 @ 7.0% cap · market cap 5.94%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$940.0K

$822.5K – $1.10M (±1% cap)

NOI $65,798 @ 7.0% cap · market cap 11.99%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

The Grove at Dalrymple Place Hotel & Motel

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Restaurant Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9,300 VPD

Traffic count

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

40

Businesses Nearby

Explore this area Business Placement

Demographics for 29680, SC

34,784

Population

13,858

Households

2.5

Avg Household Size

38

Median Age

38%

College-Educated

95%

High-School Grad

29.1 sq mi

ZIP Area

1,195

Density / Sq Mi

$85,143

Median Household Income

$47,669

Median Earnings

$1,473

Median Rent

$279,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - A renovated guest house and several outbuildings add flexible space to this Main Street commercial property.

Where is this retail space located?

The property is located at 108 Main Street Pelzer, SC.

What is the asking price?

The asking price for this property is $549,000.

What are key features of this property?

This property features: Circa‑1917 frame building with approximately 2,200 square feet; Renovated guest house includes a full kitchen, bath and laundry; Multiple garages, barns and storage areas