Retail Property in Ware
For Sale
Contact for pricing
2 N Greenwood Ave, Ware Shoals, SC
Retail property for sale in Ware Shoals, South Carolina.
Property Size1,988 SF
Lot Size0.14 Acres
Price / SF$60.11
Days on Market414
Property Features for 2 N Greenwood Ave
General Information
Standard status
Active
Size
1,988 SF
Lot size
0.14 Acres
Property subtype
RETAIL
Listing Agency:
Joyner Commercial
(864) 787-6478
Listed By:
Joe Teague
(864) 787-6478
Source:
Moodyscre
Added: Jun 12, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:19AM
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 Joyner Commercial
Investment Insights
Based on property information with market context.
This retail property, located in Ware Shoals, South Carolina, offers 1988 square feet of space. The tenant is currently operating under a month-to-month lease.
Key Highlights
- Month‑to‑month lease provides immediate flexibility for owner occupancy.
- Month‑to‑month lease provides immediate flexibility for rental strategy.
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 | $20.3k | $10.20 |
| − Vacancy | −$7.2k | −$3.61 |
| EGI | $13.1k | $6.59 |
| − OpEx | −$3.9k | −$1.98 |
| NOI | $9.2k | $4.61 |
1,988 SF · lease $10.20/SF/yr · vacancy 35.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$131.0K
$114.6K – $152.8K
NOI $9,170 @ 7.0% cap · market cap 7.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$624.5K
$546.5K – $728.6K
NOI $43,716 @ 7.0% cap · market cap 36.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 71%
Shops & Services 29%
Piggly Wiggly
Groceries
6,864 visits/mo
0.5 miles
Family Dollar
Shops & Services
2,335 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
526 visits/mo
0.4 miles
Market
Average Price Trend$/SF for Retail properties & Spaces in Greenwood County, SC
Properties on Market for Retail properties & Spaces in Greenwood County
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Retail property for sale in Ware Shoals, South Carolina.
Where is this retail property located?
The property is located at 2 N Greenwood Ave Ware Shoals, SC.
What is the asking price?
The asking price for this property is $119,500.
What are key features of this property?
This property features: Month‑to‑month lease provides immediate flexibility for owner occupancy.; Month‑to‑month lease provides immediate flexibility for rental strategy.