275 E Henry St, Spartanburg, SC 29306
Income-producing office building with a leased first floor and vacant second-floor office or studio space.
- Added:
- Jun 15, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 24 at 5:17 am
Property Features for 275 E Henry St
General Information
- Standard status
- Active
- Size
- 1,450 SF
Listing office Ponce Realty Group (864) 680-3952
Listing date Jun 15, 2026
Source Exprealty
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 Ponce Realty Group
HighLights
- Approximately 1,450± SF commercial office building with a first‑floor tenant and a vacant second‑floor office/studio space
- First‑floor tenant occupies approximately 874± SF with an existing lease in place through 2027
- Second floor includes approximately 575± SF of vacant office/studio space for potential owner use or additional rental income
- Off‑street parking and convenient access just minutes from Downtown Spartanburg and major thoroughfares
- Sale includes the existing tenant lease; buyer to verify square footage, zoning, and intended use
Overview
The property is located at 275 E Henry St in Spartanburg, SC, described as being just minutes from Downtown Spartanburg. Off-street parking is available, and the building is noted to have easy access to major thoroughfares, which can support convenient day-to-day operations for staff and clients.
For professional users, the configuration can work well for service-based businesses such as wellness providers, consultants, real estate professionals, insurance agencies, accountants, and creative studios. Investors may also consider the current leased setup alongside the opportunity to lease or occupy the second floor. Buyer to verify square footage, zoning, and intended use.
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 | $35.0k | $24.12 |
| − Vacancy | −$5.1k | −$3.51 |
| EGI | $29.9k | $20.61 |
| − OpEx | −$7.5k | −$5.15 |
| NOI | $22.4k | $15.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -81.9235435
- Latitude
- 34.947233
