Prime Anderson Commercial Corner
110 E Greenville St, Anderson, SC 29621
For Sale
$2,300,000
Multi-tenant property on 1.21 acres in Anderson's commercial hub.
Property Size14,000 SF
Lot Size1.21 Acres
Price / SF$164.29
Days on Market287
Property Features for 110 E Greenville St
General Information
Standard status
Size
Lot size
Taxes and HOA fees
Annual Taxes
Listing Agency:
Howard Hanna Allen Tate/Pine to Palm Realty
(864) 293-7000
Listed By:
Sherry Traynum · License #51169
(864) 376-6336
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 25 at 4:46AM
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 Howard Hanna Allen Tate/Pine to Palm Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at the intersection of E Greenville Street and Main Street in Anderson, South Carolina, this multi-building, multi-tenant property offers investment potential in a high-traffic location. The property occupies nearly half of a city block and is positioned at the corner of E Calhoun and McDuffie Streets, with frontage along E Greenville Street. The site spans 1.21 acres and includes over 14,000 square feet of space across multiple buildings, designed to accommodate a range of commercial needs. Red-light access on three sides ensures traffic flow for patrons and clients. The layout offers flexibility, allowing tenants to customize the spaces to suit their specific requirements, whether they are a retail vendor, restaurateur, or professional office provider. The property's location places it amidst thriving businesses, providing a steady stream of potential customers. Its position on key city streets ensures consistent exposure to both pedestrian and vehicle traffic, making it a desirable site for a range of ventures. This commercial listing offers the space, location, and flexibility needed to bring your vision to life.
Key Highlights
- Prime location at the intersection of E Greenville Street and Main Street, a high‑traffic and highly visible corner.
- Multi‑building, multi‑tenant portfolio property offering versatile space.
- Substantial 1.21‑acre lot with over 14,000 square feet of customizable space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$182,196
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,643,920
$3.6M
Cap Rate 7%
$2,602,800
$2.6M
Cap Rate 9%
$2,024,400
$2.0M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$252.0K $18.00/SF
− Vacancy
−$9.1K −$0.65/SF
EGI
$242.9K $17.35/SF
− OpEx
−$60.7K −$4.34/SF
NOI
$182.2K $13.01/SF
Area
Anderson County, SC
Vacancy
3.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,643,920
Cap Rate 7%
$2,602,800
Cap Rate 9%
$2,024,400
Alternative Uses
Best Use
Retail
$4.05M
$3.54M – $4.72M
NOI $283,416 @ 7.0% cap · market cap 12.32%
Second Best
Office B
$3.29M
$2.88M – $3.84M
NOI $230,461 @ 7.0% cap · market cap 10.02%
Theoretical Best
Multifamily LT 5
$151.58M
$132.63M – $176.84M
NOI $10,610,636 @ 7.0% cap · market cap 461.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,589
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29621, SC
44,601
Population
18,960
Households
2.4
Avg Household Size
41
Median Age
39%
College-Educated
94%
High-School Grad
87.1 sq mi
ZIP Area
512
Density / Sq Mi
$71,446
Median Household Income
$41,773
Median Earnings
$1,023
Median Rent
$252,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Dogwood Plaza — 337 W Market St, Anderson, SC 29621
- Governers Square Mall — Anderson, SC 29621
- Towne Center Shopping Center — N Main St, Anderson, SC 29621
- Beck Plaza — 1020 N Main St, Anderson, SC 29621
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant property on 1.21 acres in Anderson's commercial hub.
Where is this shopping center located?
The property is located at 110 E Greenville St Anderson, SC.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime location at the intersection of E Greenville Street and Main Street, a high‑traffic and highly visible corner.; Multi‑building, multi‑tenant portfolio property offering versatile space.; Substantial 1.21‑acre lot with over 14,000 square feet of customizable space.
