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Retail Building Near AnMed Hospital

1504 E Greenville St Anderson, SC 29621

1504 E Greenville St, Anderson, SC, 29621
$750,000
For Sale
Claim this Listing
$750,000

2,400 SF retail building on 0.52 AC for sale.

Property Size2,400 SF
Lot Size0.52 Acres
Price / SF$312.50
AddedMar 6
Days on Market131
Last RefreshApr 5 at 10:16 pm

Property Features for 1504 E Greenville St

General Information

Standard status
Active
Size
2,400 SF
Lot size
0.52 Acres
Property subtype
Retail

Building Details

Year Built
1989

Listing office

Listing date Mar 6, 2026

Source Mccoywright

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 John Wright Jr., CCIM


Investment Insights

Based on property information with market context.

The property is a 2,400-square-foot building situated on a 0.52-acre parcel. It is located on E Greenville St. The location is almost equidistant between AnMed Hospital and AnMed Health Campus, both approximately 1.5 miles away. The traffic count on E. Greenville Street is 29,200 vehicles per day. The building is ideally situated to be repurposed for a drive-thru.

Key Highlights

  • High Traffic Count: 29,200 Vehicles Per Day (VPD) on E. Greenville Street
  • Prime Location: Equidistant (1.5 miles) between AnMed Hospital and AnMed Health Campus
  • Repurposing Potential: Building ideally situated for drive‑thru conversion

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $72.0k $30.00
− Vacancy −$2.6k −$1.08
EGI $69.4k $28.92
− OpEx −$20.8k −$8.68
NOI $48.6k $20.24
2,400 SF · lease $30.00/SF/yr · vacancy 3.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$694.1K
$607.3K – $809.8K (±1% cap)
NOI $48,586 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$25.99M
$22.74M – $30.32M (±1% cap)
NOI $1,818,966 @ 7.0% cap · market cap 242.53%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Restaurant Spa & Massage Center Auto Parts Store Hair Salon Storage Facility

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

FAQs

What type of property is this?
Retail property - 2,400 SF retail building on 0.52 AC for sale.
Where is this retail property located?
The property is located at 1504 E Greenville St Anderson, SC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: High Traffic Count: 29,200 Vehicles Per Day (VPD) on E. Greenville Street; Prime Location: Equidistant (1.5 miles) between AnMed Hospital and AnMed Health Campus; Repurposing Potential: Building ideally situated for drive‑thru conversion
Contact an agent
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