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Downtown Office Building
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320 Falls St, Greenville, SC 29601

Office building adjacent to the Peace Center and overlooking Falls Park in the heart of downtown Greenville.

Property Size10,175 SF
Price / SF$250
Days on Market581

Property Features for 320 Falls St

General Information

Standard status Active
Size 10,175 SF
Property subtype OFFICE
Listing Agency: CBRE | Greenville
Listed By: Charles Gouch · License #44068
Source: Moodyscre
Added: Mar 29, 2025 Changed: Oct 25 Last Checked: Oct 28 at 12:16PM

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 CBRE | Greenville

Rey
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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.

This office building is part of the Camperdown development and offers views overlooking Greenville’s Falls Park. The property is situated adjacent to the Peace Center.

Located in the heart of downtown Greenville, the site is positioned to capture street-level activity associated with the main street experience of the Camperdown development.

The offering is presented for sale.

Key Highlights

  • Office building adjacent to the Peace Center in downtown Greenville
  • Overlooks Falls Park from the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$156,483
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,129,660 $3.1M
Cap Rate 7%
$2,235,471 $2.2M
Cap Rate 9%
$1,738,700 $1.7M
Market Conditions
NOI Build-Up for 10,175 SF
Gross rent
$234.4K $23.04/SF
− Vacancy
−$25.8K −$2.53/SF
EGI
$208.6K $20.51/SF
− OpEx
−$52.2K −$5.13/SF
NOI
$156.5K $15.38/SF
Area
Greenville County, SC
Vacancy
11.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,129,660
Cap Rate 7%
$2,235,471
Cap Rate 9%
$1,738,700

Alternative Uses

Best Use
Office B
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,483 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.35M
$3.80M – $5.07M (±1% cap)
NOI $304,317 @ 7.0% cap · market cap 11.96%
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

Echelon Sports Inc. Apartment Building Chippie Pickleball Clothing Store True Cinema Entertainment Film Production Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Storage Facility (Bike/Boat/Book/etc) Store Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,537
Businesses Nearby

Demographics for 29601, SC

13,261
Population
8,067
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
89%
High-School Grad
4.2 sq mi
ZIP Area
3,157
Density / Sq Mi
$73,321
Median Household Income
$55,727
Median Earnings
$1,406
Median Rent
$583,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Greenville, SC

6% 2019
10.3% 2020
10.8% 2021
10.7% 2022
11.7% 2023
11% 2024
9.7% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office building adjacent to the Peace Center and overlooking Falls Park in the heart of downtown Greenville.
Where is this office building located?
The property is located at 320 Falls St Greenville, SC.
What is the asking price?
The asking price for this property is $2,543,750.
What are key features of this property?
This property features: Office building adjacent to the Peace Center in downtown Greenville; Overlooks Falls Park from the building
(864) 527-6035 Call to check price and availability
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