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    Downtown Fountain Inn Commercial Space Title is generated by Realmo AI

    203 S Weston Street, Fountain Inn, SC 29644

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    For Sale
    $1,500,000

    COMMERCIAL - Fountain Inn, SC

    Property size:
    4,400 SF
    Lot size:
    0.59 Acres
    Price / SF:
    $340/SF
    Added:
    Apr 20, 2026
    Days on Market:
    34
    Last Refresh:
    May 23 at 3:06 am

    Property Features for 203 S Weston Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-1
    Standard status
    Active
    APN
    0357.00-05-005.00
    Size
    4,400 SF
    Lot size
    0.59 Acres

    Utilities

    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Flooring type
    Carpet
    Building materials
    Brick

    We can help!

    Listing Contact
    Mark Rucker
    Mark Rucker

    Listing agent Mark Rucker License #47176

    Listing office Keller Williams Greenville Central Greenville, SC

    Listing date Apr 20, 2026

    MLS# 1588633

    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.

    HighLights

    • Prime downtown Fountain Inn location, one block from Main St.
    • Large all‑brick, one‑level building with over 4400 sq ft.
    • Includes adjacent lot with over 30 parking spaces.
    • High potential for various uses: continue as a dental practice, rent out space, or complete renovation.
    • Includes a 24x24 brick outbuilding.
    • Located in a rapidly growing downtown area with numerous restaurants, shops, and attractions.

    Overview

    Located in downtown Fountain Inn, this all-brick, one-level commercial building offers over 4400 square feet of space. Situated at the corner of S Weston St and Gulliver St, it is one block from Main St. The sale includes an adjacent lot with over 30 parking spaces. The property consists of two tax map numbers: 0357.00-05-006.00 and 0357.00-05-005.00 (201 and 203 S Weston St.). A 24x24 brick outbuilding is also included. Originally built in the 1950s as a hospital, it has operated as a dentistry with leased offices since the late 1980s. The property presents opportunities to take over the existing practice, rent out the extra space, or completely renovate the building. Fountain Inn has transformed into a charming downtown area with various dining and shopping options. It is less than 8 minutes from Heritage Park (Amphitheater) and Hillcrest Hospital, and 30 minutes from downtown Greenville. The property is zoned C-1 and sits on a 0.59-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    R.E. White Jr., ... Dental Office Quality Engineering Inc Structural Engineer

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • McCraw Veterinary Medicine — 407 N Main St, Fountain Inn, SC 29644

    Location Insight

    • Map
    • Local Demand
    City
    Fountain Inn
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.1975944
    Latitude
    34.6930179

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    FAQs

    What type of property is this?
    Medical Office Space - Prime location with potential for various business uses.
    Where is this medical office space located?
    The property is located at 203 S Weston Street Fountain Inn, SC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Prime downtown Fountain Inn location, one block from Main St.; Large all‑brick, one‑level building with over 4400 sq ft.; Includes adjacent lot with over 30 parking spaces.
    (864) 616-1932
    We can help!
    Listing Contact
    Mark Rucker
    Mark Rucker
    Real Estate License ID: 47176
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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