Mixed-Use Building with Retail
For Sale
$750,000
202 Main St., Greenwood, SC 29646
Three levels combine a finished commercial main floor with adaptable upper-floor space and substantial basement storage.
Property Size5,308 SF
Price / SF$141.30
Days on Market603
Property Features for 202 Main St.
General Information
Standard status
Active
Size
5,308 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Mixed-Use Components
retail, office, storage
Additional Details
Property Use
retail/office
Building Details
Year Built
1917
Buildings
1
Stories
3
Listing Agency:
Epique Realty
Listed By:
Rick Stroud
(864) 479-1189
Source:
Greathomessc
Added: Mar 5, 2025
Changed: Oct 28
Last Checked: Oct 28 at 2:52PM
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 Epique Realty
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Investment Insights
Based on property information with market context.
This three-level mixed-use building, constructed in 1917, contains 5,308 square feet. The main level is finished for retail, office, or other commercial use. Upper-floor space can be configured for a studio apartment or retail, while the basement provides extra-large storage capacity.
The property is at 202 Main St. in Greenwood, South Carolina, on a corner in the Uptown area.
The property is at 202 Main St. in Greenwood, South Carolina, on a corner in the Uptown area.
Key Highlights
- 5,308‑square‑foot building with three levels
- Finished main floor suited to retail, office, or other commercial use
- Upper floor offers space for a studio apartment or retail finish
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,549
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,980
$1.1M
Cap Rate 7%
$750,700
$750.7K
Cap Rate 9%
$583,878
$583.9K
Market Conditions
NOI Build-Up for 5,308 SF
Gross rent
$95.5K $18.00/SF
− Vacancy
−$11.5K −$2.16/SF
EGI
$84.1K $15.84/SF
− OpEx
−$31.5K −$5.94/SF
NOI
$52.5K $9.90/SF
Area
Greenwood County, SC
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,980
Cap Rate 7%
$750,700
Cap Rate 9%
$583,878
Alternative Uses
Best Use
Office B
$1.29M
$1.13M – $1.51M
NOI $90,573 @ 7.0% cap · market cap 12.08%
Second Best
Mixed Use
$750.7K
$656.9K – $875.8K
NOI $52,549 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,721 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
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Business Placement
Demographics for 29646, SC
26,783
Population
12,316
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
84%
High-School Grad
101.4 sq mi
ZIP Area
264
Density / Sq Mi
$41,669
Median Household Income
$37,556
Median Earnings
$818
Median Rent
$130,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three levels combine a finished commercial main floor with adaptable upper-floor space and substantial basement storage.
Where is this mixed-use property located?
The property is located at 202 Main St. Greenwood, 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: 5,308‑square‑foot building with three levels; Finished main floor suited to retail, office, or other commercial use; Upper floor offers space for a studio apartment or retail finish
