Two-Story Restaurant
For Sale
Contact for pricing
215 Trade St, Greer, SC 29651
Built-out food and beverage property along Greer’s pedestrian-oriented Trade Street corridor.
Property Size5,400 SF
Days on Market185
Property Features for 215 Trade St
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
5,400 SF
Year Built
1904
Properties For Sale
at 215 Trade St
Main Building
Size
5,400 SF
Term
Negotiable
Listing Agency:
SVN Palmetto
Listed By:
Dustin Tenney · License #SC #106880
(864) 905-7226
Source:
Svn
Added: Apr 15
Changed: Oct 2
Last Checked: Oct 14 at 7:49PM
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 SVN Palmetto
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story restaurant property dates to 1904 and is presented as a fully built-out food and beverage destination. The existing configuration supports restaurant, brewery, food hall, and experiential food and beverage concepts, subject to applicable approvals.
The property is located at 215 Trade St in downtown Greer, within the Greer Station district. Trade Street features brick pavers and a pedestrian-oriented streetscape following a recent city streetscape overhaul, placing the building within a walkable downtown shopping and dining setting.
The property is located at 215 Trade St in downtown Greer, within the Greer Station district. Trade Street features brick pavers and a pedestrian-oriented streetscape following a recent city streetscape overhaul, placing the building within a walkable downtown shopping and dining setting.
Key Highlights
- Two‑story, fully built‑out food and beverage property
- 1904 construction year
- Located at 215 Trade St, Greer, SC 29651
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,810
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,200
$416.2K
Cap Rate 7%
$297,286
$297.3K
Cap Rate 9%
$231,222
$231.2K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$32.5K $6.01/SF
− Vacancy
−$2.7K −$0.50/SF
EGI
$29.7K $5.51/SF
− OpEx
−$8.9K −$1.65/SF
NOI
$20.8K $3.85/SF
Area
Greenville County, SC
Vacancy
8.40%
Lease Rate
$6.01 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,200
Cap Rate 7%
$297,286
Cap Rate 9%
$231,222
Alternative Uses
Best Use
Specialty Retail
$1.00M
$878.5K – $1.17M
NOI $70,276 @ 7.0% cap · market cap 219,612.50%
Second Best
Industrial
$297.3K
$260.1K – $346.8K
NOI $20,810 @ 7.0% cap · market cap 65,031.25%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,505 @ 7.0% cap · market cap 504,703.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29651, SC
50,778
Population
21,738
Households
2.3
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
89.6 sq mi
ZIP Area
567
Density / Sq Mi
$80,748
Median Household Income
$47,077
Median Earnings
$1,021
Median Rent
$264,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Built-out food and beverage property along Greer’s pedestrian-oriented Trade Street corridor.
Where is this conventional restaurant located?
The property is located at 215 Trade St Greer, SC.
What are key features of this property?
This property features: Two‑story, fully built‑out food and beverage property; 1904 construction year; Located at 215 Trade St, Greer, SC 29651
