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Versatile Retail and Office Building

180 John B White Sr Boulevard Spartanburg, SC 29306

New
180 John B White Sr Boulevard, Spartanburg, SC, 29306
$525,000
For Sale
$525,000

MULTI_FAMILY - Spartanburg, SC

Property Size2,664 SF
Lot Size0.23 Acres
Price / SF$197.07
Days on Market3

Property Features for 180 John B White Sr Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
7-12-13-175.00
Lot size
0.23 Acres

Utilities

Heating system
Electric (Heating), Forced Air
Water source
Public

Building Details

Building materials
Frame
Roof type
Composition
Listing agency Keller Williams Realty
Listed by Dina Napechnik · License #139600
Added: Jul 20 Checked: Jul 22 at 5:06AM
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.


Investment Insights

Based on property information with market context.

A versatile commercial building totaling 2,664+/- square feet on approximately 0.23 acres, suited for a range of professional office, retail, or service-based uses. The layout is described as flexible, supporting multiple business types depending on tenant needs.

The property is located at 180 John B White Sr Boulevard in Spartanburg, SC 29306, with paved parking, excellent road frontage, and convenient access along a high-traffic corridor. It is also described as being near major highways and surrounded by retail and restaurant development, supporting day-to-day customer and employee access.

Key Highlights

  • 2,664+/- SF commercial building on approx. 0.23 acres on John B. White Sr. Blvd
  • Paved parking and strong road frontage along one of Spartanburg’s busiest corridors
  • Flexible layout suitable for professional offices, retail, or service‑based businesses

Local Financial Insights For Office B

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 $64.3k $24.12
− Vacancy −$9.3k −$3.51
EGI $54.9k $20.61
− OpEx −$13.7k −$5.15
NOI $41.2k $15.46
2,664 SF · lease $24.12/SF/yr · vacancy 14.55% · expense 25.00%

Alternative Uses

Best Use
Office B
$588.3K
$514.8K – $686.3K (±1% cap)
NOI $41,180 @ 7.0% cap · market cap 7.84%
Second Best
Retail
$437.8K
$383.1K – $510.8K (±1% cap)
NOI $30,646 @ 7.0% cap · market cap 5.84%
Theoretical Best
Warehouse
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,769 @ 7.0% cap · market cap 27.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

ELEMENTS OF 864 DANCE ... Training Center Cat Print Styles (Bike/Boat/Book/etc) Store

Suggested Use

Dental Office Big Box & Wholesale Store Skin Care Clinic Garden Center Storage Facility (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair Locksmith Discount Store

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

FAQs

What type of property is this?
Office units - Commercial building with paved parking and strong road frontage, offering flexible space for offices, retail, or service uses.
Where is this office units 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: 2,664+/- SF commercial building on approx. 0.23 acres on John B. White Sr. Blvd; Paved parking and strong road frontage along one of Spartanburg’s busiest corridors; Flexible layout suitable for professional offices, retail, or service‑based businesses
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More about this property
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