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Retail Property in Ware Shoals
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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
Listed By: Joe Teague
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 (±1% cap)
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 (±1% cap)
NOI $43,716 @ 7.0% cap · market cap 36.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby
10k
Monthly Visits Nearby

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

Jan
$151 Feb
$130 Mar
$123 Apr
$120 May
Jun

Properties on Market for Retail properties & Spaces in Greenwood County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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.
(864) 787-6478 Call to check price and availability
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