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    145 N Church St Spartanburg, SC 29306

    For Sale
    $12,000,000

    Two office buildings in downtown Spartanburg, totaling 110,661 square feet.

    Property size:
    110,661 SF
    Lot size:
    1.88 Acres

    Property Features for 145 N Church St

    General Information

    Size
    110,661 SF
    Lot size
    1.88 Acres

    Source: Colliers | Columbia Agent Matthew Pollard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Spartanburg Office Buildings

    The property consists of two buildings, a five-story office building with approximately 60,017 square feet and an annex building with approximately 50,644 square feet, totaling approximately 110,661 square feet. Located in downtown Spartanburg, the property is 74% leased with a weighted average lease term of 1.71 years as of December 31, 2024. The property's location offers strategic access, situated approximately 1 mile from I-585, approximately 4 miles from I-26, and approximately 6.2 miles from I-85. There is a potential opportunity for rent growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Occupier Software Software Company Tolbert Consulting Group Business Development Service Gaines & Walsh Estate Planning Attorney Thomas M Gagne ... Attorney Job Corps Placement ... Employment Agency

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Hair Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9314164
    Latitude
    34.9511851

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    FAQs

    What type of property is this?
    Office building - Two office buildings in downtown Spartanburg, totaling 110,661 square feet.
    Where is this office building located?
    The property is located at 145 N Church St Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - Downtown Spartanburg location in the center of the city.; - Mark-to-Market Opportunity: **Potential for immediate rent growth due to below-market in-place rents.**; - ±110,661 SF total space including a five-story office building and annex building.
    (803) 254-2300
    Request Owner's contact information
    145 N Church St Spartanburg, SC 29306
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    Spartanburg, SC 29306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    145 N Church St Spartanburg, SC 29306
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