Downtown Retail Space with
For Sale
Contact for pricing
225 Maxwell Avenue, Greenwood, SC 29646
Two-story retail space on Maxwell Avenue with walk-in cooler.
Property Size5,000 SF
Price / SF$75
Days on Market83
Property Features for 225 Maxwell Avenue
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Listing Agency:
Pintail
Listed By:
Reynolds Flowe · License #134403
Source:
Crexi
Added: May 12
Changed: Jul 10
Last Checked: Aug 2 at 3:33PM
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
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 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 | $51.0k | $10.20 |
| − Vacancy | −$18.1k | −$3.61 |
| EGI | $32.9k | $6.59 |
| − OpEx | −$9.9k | −$1.98 |
| NOI | $23.1k | $4.61 |
5,000 SF · lease $10.20/SF/yr · vacancy 35.40% · expense 30.00%
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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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
