Mixed-Use Commercial
For Sale
$525,000
180 John B White Sr Boulevard, Spartanburg, SC 29306
Commercial/Industrial, Spartanburg, SC
Property Size2,664 SF
Lot Size0.23 Acres
Price / SF$197.07
Days on Market95
Property Features for 180 John B White Sr Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
033
Standard status
Active
APN
7-12-13-175.00
Lot size
0.23 Acres
Utilities
Heating system
Forced Air, Electric (Heating)
Water source
Public
Building Details
Building materials
Frame
Roof type
Composition
Listing Agency:
Keller Williams Realty
(864) 574-6000
Listed By:
Dina Napechnik
(864) 266-0514
Added: Jul 21
Changed: Oct 13
Last Checked: Oct 23 at 1:06AM
MLS# 1598258
Copyright © 2026 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use commercial building contains approximately 2,664 square feet on a 0.23-acre parcel. Interior renovation is underway, and the layout can accommodate professional office, retail, or service-oriented business uses. The structure is frame construction with a composition roof, electric heating, forced-air HVAC, and public water service.
The property fronts John B. White Sr. Boulevard in Spartanburg and includes paved parking. Its setting provides access to a heavily traveled commercial corridor near major highways, retail businesses, restaurants, and other commercial development.
The property fronts John B. White Sr. Boulevard in Spartanburg and includes paved parking. Its setting provides access to a heavily traveled commercial corridor near major highways, retail businesses, restaurants, and other commercial development.
Key Highlights
- Approximately 2,664+/- square feet on 0.23 acres
- Interior renovation underway
- Paved parking and road frontage on John B. White Sr. Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,180
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,600
$823.6K
Cap Rate 7%
$588,286
$588.3K
Cap Rate 9%
$457,556
$457.6K
Market Conditions
NOI Build-Up for 2,664 SF
Gross rent
$64.3K $24.12/SF
− Vacancy
−$9.3K −$3.51/SF
EGI
$54.9K $20.61/SF
− OpEx
−$13.7K −$5.15/SF
NOI
$41.2K $15.46/SF
Area
Spartanburg County, SC
Vacancy
14.55%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,600
Cap Rate 7%
$588,286
Cap Rate 9%
$457,556
Alternative Uses
Best Use
Office B
$588.3K
$514.8K – $686.3K
NOI $41,180 @ 7.0% cap · market cap 7.84%
Second Best
Mixed Use
$502.4K
$439.6K – $586.1K
NOI $35,165 @ 7.0% cap · market cap 6.70%
Theoretical Best
Warehouse
$2.07M
$1.81M – $2.41M
NOI $144,769 @ 7.0% cap · market cap 27.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
905
Businesses Nearby
Explore this area
Business Placement
Demographics for 29306, SC
16,822
Population
7,618
Households
2.2
Avg Household Size
36
Median Age
21%
College-Educated
83%
High-School Grad
19.5 sq mi
ZIP Area
863
Density / Sq Mi
$38,858
Median Household Income
$30,629
Median Earnings
$913
Median Rent
$159,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Interior renovation is underway in a versatile commercial building with paved parking.
Where is this mixed-use property located?
The property is located at 180 John B White Sr Boulevard Spartanburg, SC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 2,664+/- square feet on 0.23 acres; Interior renovation underway; Paved parking and road frontage on John B. White Sr. Boulevard
