All-Brick Medical Office
203 South Weston Street Unit 201S Fountain Inn, SC 29644
203 South Weston Street Unit 201S, Fountain Inn, SC, 29644
$1,500,000
For Sale
$1,500,000
All-brick, one-level medical office building with adjacent lot providing 30+ parking spaces and an included brick outbuilding.
Property Size4,400 SF
Price / SF$340.91
Days on Market97
Property Features for 203 South Weston Street Unit 201S
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Property subtype
- Commercial/Industrial / Commercial
Listing agency
Keller Williams Greenville Central
(864) 400-4200
Listed by
Mark Rucker · License #47176
Source
Compass
Added: Apr 17 Updated: Jul 21 at 5:44PM Checked: Jul 22 at 9:26AM
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 Keller Williams Greenville Central
Investment Insights
Based on property information with market context.
All-brick, one-level commercial building built in the 1950s and originally used as a hospital. The property contains over 4,400 square feet and includes a 24x24 brick outbuilding that is part of the sale. Since the late 1980s, the building has operated as a dentistry, with leased offices for other service providers.
The property is located in downtown Fountain Inn at the corner of S Weston St. and Gulliver St., one block off Main St. An adjacent lot included in the deal provides more than 30 parking spaces. The sale involves two tax map numbers: 0357.00-05-006.00 and 0357.00-05-005.00 (201 and 203 S Weston St.).
The property is located in downtown Fountain Inn at the corner of S Weston St. and Gulliver St., one block off Main St. An adjacent lot included in the deal provides more than 30 parking spaces. The sale involves two tax map numbers: 0357.00-05-006.00 and 0357.00-05-005.00 (201 and 203 S Weston St.).
Key Highlights
- All‑brick, one‑level commercial building with 4,400+ SF, formerly built in the 1950s and later used as a working dentistry.
- Corner location in downtown Fountain Inn at S Weston St. and Gulliver St., one block off Main St.
- Adjacent included lot currently provides 30+ parking spaces for the property.
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 | $101.4k | $23.04 |
| − Vacancy | −$11.2k | −$2.53 |
| EGI | $90.2k | $20.51 |
| − OpEx | −$22.6k | −$5.13 |
| NOI | $67.7k | $15.38 |
4,400 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$966.7K
$845.9K – $1.13M
NOI $67,668 @ 7.0% cap · market cap 4.51%
Second Best
Healthcare Medical
$207.3K
$181.4K – $241.8K
NOI $14,509 @ 7.0% cap · market cap 0.97%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,596 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
R.E. White Jr., ...
Dental Office
Quality Engineering Inc
Structural Engineer
Similar For Sale Nearby
Similar Off Market Nearby
- McCraw Veterinary Medicine — 407 N Main St, Fountain Inn, SC 29644
FAQs
What type of property is this?
Medical Office Space - All-brick, one-level medical office building with adjacent lot providing 30+ parking spaces and an included brick outbuilding.
Where is this medical office space located?
The property is located at 203 South Weston Street Unit 201S 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: All‑brick, one‑level commercial building with 4,400+ SF, formerly built in the 1950s and later used as a working dentistry.; Corner location in downtown Fountain Inn at S Weston St. and Gulliver St., one block off Main St.; Adjacent included lot currently provides 30+ parking spaces for the property.
