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    405 Westfield St Greenville, SC 29601

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    For Sale
    $3,995,000

    Landmark property in Downtown Greenville, leased to experienced tenant.

    Property size:
    20,000 SF
    Lot size:
    0.91 Acres

    Property Features for 405 Westfield St

    General Information

    Size
    20,000 SF
    Lot size
    0.91 Acres

    Source: Spencer/Hines Properties Agent Zach Hines

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

    Overview

    Downtown Greenville Event Venue Investment

    This approximately 20,000 square foot building is situated on an approximately 0.851-acre lot and currently operates as an event venue. The property is leased to High Spirits Hospitality, doing business as The 405. This presents an investment opportunity to acquire a landmark property in Downtown Greenville with an experienced local tenant already in place. The initial lease term is set to expire in January 2028. The building has been completely renovated with high-end finishes, large windows, high ceilings, a new roof, new HVAC system, new floors, and a new sprinkler system. The property is located directly on the Swamp Rabbit Trail, in the Central Business District, and near the planned convention center and Unity Park. It is situated between District West, a 365-unit apartment community, and Trailside, a 215-unit apartment community. The property is zoned MX-D by the City of Greenville and is identified by Tax Map #0071000100101.
    Insight Report Location Intelligence

    Current Use by Public Records

    Westfield Greenville Event ... Event Venue Westfield Wedding Venue The 405 Venue Event Venue

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Similar Places Nearby

    M Designs

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.4061022
    Latitude
    34.8483487

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    FAQs

    What type of property is this?
    Storefront property - Landmark property in Downtown Greenville, leased to experienced tenant.
    Where is this storefront property located?
    The property is located at 405 Westfield St Greenville, SC.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: - Landmark property in Downtown Greenville with an experienced tenant, offering an excellent investment opportunity.; - Prime location directly on the Swamp Rabbit Trail, near the planned convention center and Unity Park.; - **Completely renovated building with high-end finishes, including a new roof, HVAC, floors, and sprinkler system.**
    (864) 918-9944
    Request Owner's contact information
    405 Westfield St Greenville, SC 29601
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    Greenville, SC 29601
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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
    405 Westfield St Greenville, SC 29601
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