275 E henry Street, Spartanburg, SC 29306
SINGLE_FAMILY - spartanburg, SC
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 275 E henry Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- Size
- 1,450 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5100
Utilities
- Cooling system
- Zoned, Central Air
- Water source
- Public
Building Details
- Flooring type
- Linoleum, Wood
Listing agent Robert Wall License #129946 (864) 680-3952
Listing office Ponce Realty Group 5504 Reidville Rd, DUNCAN, SC (864) 285-4445
Listing date Jun 15, 2026
Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Approximately 1,450+/- SF commercial building in Spartanburg with an established first‑floor tenant
- First‑floor tenant occupies approximately 874+/- SF with an existing lease in place through 2027
- Second floor includes approximately 575+/- SF vacant office/studio space for owner use or additional rental income
- Central air cooling with zoned system
- Public water source
- Sale includes the existing tenant lease; off‑street parking and minutes to Downtown Spartanburg
Overview
The property is located at 275 E Henry Street in Spartanburg, South Carolina, with convenient access to major thoroughfares and placement just minutes from Downtown Spartanburg. The offering is sold with the existing tenant lease included, supporting immediate income potential for appropriate investors. Buyer to verify square footage, zoning, and intended use.
For tenants and owner-users, the configuration supports a business that can operate from the leased and/or vacant levels, while also offering flexibility to accommodate a service-based office, wellness provider, consultant, insurance agency, accountant, real estate professional, or creative studio use. For buyers focused on occupancy management, the building’s current arrangement provides a clear pathway for retaining the in-place tenant while preparing the second-floor space for a new occupant.
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
- -81.923499
- Latitude
- 34.947203
