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    500 W Main St Spartanburg, SC 29302

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    For Lease
    $12 SF/Yr ($1,753 /Mo)

    Retail, restaurant, office, and entertainment spaces for lease.

    Property size:
    1,683 SF
    Lot size:
    7.26 Acres

    Property Features for 500 W Main St

    General Information

    Size
    1,683 SF
    Lot size
    7.26 Acres

    Source: Roadstead Real Estate Advisors Upstate LLC Agent John Bauknight

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

    Overview

    Mixed-Use Building in Opportunity Zone

    This mixed-use building, originally built in 1916 and renovated between 2023 and 2024, offers retail, restaurant, office, and entertainment spaces. The property is located within an Opportunity Zone and features ample parking. Multiple ingress and egress points are available on the building. A large outdoor area is accessible from the rear of the building. Future multifamily units are planned for the rear of the property. Rail Trail connectivity is expected in 2024 or 2025. The property is in close proximity to Spartanburg's new baseball stadium. Tenant upfit allowances are available. The property size is 1,683 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jayne Esthetics Facial Spa Bloom Hair Lounge Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9193346
    Latitude
    34.9530908

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    FAQs

    What type of property is this?
    Retail space - Retail, restaurant, office, and entertainment spaces for lease.
    Where is this retail space located?
    The property is located at 500 W Main St Spartanburg, SC.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Renovated in 2023-2024; - Mixed-use Building: Retail, Restaurant, Office & Entertainment; - Located within the Opportunity Zone
    (864) 809-9900
    Request Owner's contact information
    500 W Main St Spartanburg, SC 29302
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    Spartanburg, SC 29302
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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
    500 W Main St Spartanburg, SC 29302
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