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Downtown Office Building
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320 Falls St, Greenville, SC 29601

Office building adjacent to the Peace Center and overlooking Falls Park in the heart of downtown Greenville.

Property Size10,175 SF
Price / SF$250
Days on Market490

Property Features for 320 Falls St

General Information

Standard status Active
Size 10,175 SF
Property subtype OFFICE
Listing Agency: CBRE | Greenville
Listed By: Charles Gouch · License #44068
Source: Moodyscre
Added: Mar 29, 2025 Changed: Jul 25 Last Checked: Jul 31 at 12:01PM

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 CBRE | Greenville

Investment Insights

Based on property information with market context.

This office building is part of the Camperdown development and offers views overlooking Greenville’s Falls Park. The property is situated adjacent to the Peace Center.

Located in the heart of downtown Greenville, the site is positioned to capture street-level activity associated with the main street experience of the Camperdown development.

The offering is presented for sale.

Key Highlights

  • Office building adjacent to the Peace Center in downtown Greenville
  • Overlooks Falls Park from the building

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 $234.4k $23.04
− Vacancy −$25.8k −$2.53
EGI $208.6k $20.51
− OpEx −$52.2k −$5.13
NOI $156.5k $15.38
10,175 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,483 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.35M
$3.80M – $5.07M (±1% cap)
NOI $304,317 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Echelon Sports Inc. Apartment Building Chippie Pickleball Clothing Store True Cinema Entertainment Film Production Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Building Supply Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,537
Businesses Nearby

Demographics for 29601, SC

13,261
Population
8,067
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
89%
High-School Grad
4.2 sq mi
ZIP Area
3,157
Density / Sq Mi
$73,321
Median Household Income
$55,727
Median Earnings
$1,406
Median Rent
$583,200
Median Home Value

Market

Vacancy Rate% for Office in Greenville, SC

6% 2019
10.3% 2020
10.8% 2021
10.7% 2022
11.7% 2023
11% 2024
9.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building adjacent to the Peace Center and overlooking Falls Park in the heart of downtown Greenville.
Where is this office building located?
The property is located at 320 Falls St Greenville, SC.
What is the asking price?
The asking price for this property is $2,543,750.
What are key features of this property?
This property features: Office building adjacent to the Peace Center in downtown Greenville; Overlooks Falls Park from the building
(864) 527-6035 Call to check price and availability
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