Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    110 E Greenville St Anderson, SC 29621

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,350,000

    Multi-tenant property in a high-traffic, desirable location.

    Lot size:
    1.21 Acres

    Property Features for 110 E Greenville St

    General Information

    Standard status
    Active
    Lot size
    1.21 Acres

    We can help!

    Listing Contact
    Sherry Traynum
    Sherry Traynum
    Source: Exitrealty

    Listing Agency: Howard Hanna Allen Tate/Pine to Palm Realty Listing Agent: Sherry Traynum

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

    Learn more

    Overview

    Prime Commercial Corner in Anderson

    Located at the intersection of E Greenville Street and Main Street in Anderson, South Carolina, this multi-building, multi-tenant portfolio property offers investment potential. The property occupies nearly half of one of the city’s iconic blocks, and its location ensures visibility and accessibility, making it suitable for retail, professional services, or dining establishments. The property spans 1.21 acres and features over 14,000 square feet of versatile space within multiple buildings, designed to accommodate a range of commercial needs. Positioned at the corner of E Calhoun and McDuffie Streets, the site also enjoys frontage along E Greenville Street, with red-light access on three sides. 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 an opportunity to secure a presence in the heart of Anderson’s vibrant economic landscape.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

    Similar Places Nearby

    Honey B, Chez Julie's

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.6507397
    Latitude
    34.5092654

    Nearby Similar for Sale

    • $685,000
      7,200 SF

      Versatile Commercial Space, Anderson SC

      Expansive commercial property with high visibility and traffic.
      405 Pearman Dairy Rd, Anderson, SC 29625
      View Details
    • New
      $499,900
      0.81 Acres

      Downtown Anderson Multi-Use Commercial Property

      Turnkey facility with convenience store, restaurant, bar, and event center.
      202-208 W Franklin St, Anderson, SC 29624
      View Details
    • New
      $499,000
      0.25 Acres

      Prime Office Space, Anderson SC

      Move-in ready office building with high visibility and ample parking.
      2006 N Main St, Anderson, SC 29621
      View Details
    • New
      $499,000
      0.25 Acres

      Move-In Ready Office Building

      Pristine office building with high visibility and ample parking.
      2006 N Main St, Anderson, SC 29621
      View Details
    • New
      $189,900

      Move-in Ready Office Space

      Professional office space in excellent condition near hospital.
      400 N Fant St, Anderson, SC 29621
      View Details
    • $750,000
      0.48 Acres

      Versatile Mixed-Use Commercial Property

      Over 5,000 sq ft commercial property with residential area.
      4327 Old Mill Rd, Anderson, SC 29623
      View Details
    • New
      $215,000
      1,400 SF

      Office Cottage Near Downtown Anderson

      Charming 1,400 sq ft office space near downtown.
      609 Bonham Ct, Anderson, SC 29621
      View Details
    • New
      $75,000
      0.41 Acres

      High-Traffic Commercial Property in Anderson

      Prime commercial property with immediate income and strong investment potential.
      207 Manley Dr, Anderson, SC 29626
      View Details
    • $275,000
      0.28 Acres

      Versatile Retail Space Near Downtown

      Adaptable commercial property near downtown Anderson, South Carolina.
      1804 S Mcduffie St, Anderson, SC 29624
      View Details
    • $2,250,000
      0.38 Acres

      Historic Restaurant Space in Anderson

      Turnkey restaurant in historic downtown Anderson with prime real estate value.
      116 W Orr St, Anderson, SC 29625
      View Details
    • $349,999
      2,770 SF

      New Anderson Duplex Investment Opportunity

      New duplex near downtown Anderson with modern amenities and strong rental potential.
      126 Brookmeade Dr, Anderson, SC 29624
      View Details
    • $485,000
      4,290 SF

      Anderson Automotive Garage with Living Space

      Automotive garage with living space in thriving Anderson, South Carolina.
      609 Fair St, Anderson, SC 29625
      View Details

    FAQs

    What type of property is this?
    Storefront property - Multi-tenant property in a high-traffic, desirable location.
    Where is this storefront property located?
    The property is located at 110 E Greenville St Anderson, SC.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - Prime location at the intersection of E Greenville Street and Main Street, ensuring maximum visibility and accessibility.; - Multi-building, multi-tenant portfolio property offering diverse income streams and investment potential.; - Spanning 1.21 acres with over 14,000 square feet of versatile space suitable for various commercial needs.
    (864) 376-6336
    Request Owner's contact information
    110 E Greenville St Anderson, SC 29621
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    110 E Greenville St
    Anderson, SC 29621
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    110 E Greenville St Anderson, SC 29621
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sherry Traynum
    Sherry Traynum
    Real Estate License ID: 51169
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!