Downtown Retail Space with
For Sale
Contact for pricing
Pending
225 Maxwell Avenue, Greenwood, SC 29646
Two-story retail space on Maxwell Avenue with walk-in cooler.
Property Size5,000 SF
Days on Market158
Property Features for 225 Maxwell Avenue
General Information
Standard status
Pending
Size
5,000 SF
Property subtype
Retail
Listing Agency:
Pintail
Listed By:
Reynolds Flowe · License #134403
Source:
Crexi
Added: May 12
Changed: Oct 4
Last Checked: Oct 14 at 9:26PM
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 Pintail
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Investment Insights
Based on property information with market context.
This retail space is located on Downtown Maxwell Avenue Corridor. The property includes two floors, each measuring 2,500 square feet, for a total property size of 5,000 square feet. A walk-in cooler is present.
Key Highlights
- Located on Downtown Maxwell Ave Corridor
- Two Floors: each 2,500 SF
- Walk‑in Cooler
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,062
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,240
$461.2K
Cap Rate 7%
$329,457
$329.5K
Cap Rate 9%
$256,244
$256.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$51.0K $10.20/SF
− Vacancy
−$18.1K −$3.61/SF
EGI
$32.9K $6.59/SF
− OpEx
−$9.9K −$1.98/SF
NOI
$23.1K $4.61/SF
Area
Greenwood County, SC
Vacancy
35.40%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,240
Cap Rate 7%
$329,457
Cap Rate 9%
$256,244
Alternative Uses
Best Use
Retail
$329.5K
$288.3K – $384.4K
NOI $23,062 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,949 @ 7.0% cap · market cap 29.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
916
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 25%
Apparel 7%
Beauty & Spa 4%
Dollar General
Shops & Services
9,543 visits/mo
0.1 miles
Eggs Up Grill
Dining
5,217 visits/mo
0.2 miles
Sunoco
Shops & Services
2,900 visits/mo
0.4 miles
Sundance
Apparel
1,392 visits/mo
0.1 miles
Merle Norman Cosmetic Studio
Beauty & Spa
916 visits/mo
0.2 miles
Demographics for 29646, SC
26,783
Population
12,316
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
84%
High-School Grad
101.4 sq mi
ZIP Area
264
Density / Sq Mi
$41,669
Median Household Income
$37,556
Median Earnings
$818
Median Rent
$130,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Two-story retail space on Maxwell Avenue with walk-in cooler.
Where is this retail space located?
The property is located at 225 Maxwell Avenue Greenwood, SC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Located on Downtown Maxwell Ave Corridor; Two Floors: each 2,500 SF; Walk‑in Cooler
