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Split-Opportunity Office Floors
For Sale
$390,000

327 Main St #Floors 6 & 8, Greenwood, SC 29646

Sixth and eighth-floor office space in The Grier Building, totaling 1,800+ square feet, with 8th-floor access to basement and roof.

Property Size1,800 SF
Price / SF$216.67
Days on Market8

Property Features for 327 Main St #Floors 6 & 8

General Information

Standard status Active
Size 1,800 SF
Property subtype Unassigned

Building Details

Building Size 1,817 SF
Year Built 1922
Listing Agency: GREENWOOD REALTY INC
Listed By: Amy McAlister
Source: Commercialcafe
Added: Jul 26 Changed: Jul 27 Last Checked: Aug 2 at 6:38AM

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 GREENWOOD REALTY INC

Investment Insights

Based on property information with market context.

Own office space on the sixth and eighth floors of The Grier Building at 327 Main St in Greenwood, SC. The offering is presented as an open, flexible layout totaling 1,800+ square feet, designed to be adapted to a variety of office and live/work concepts. The 8th floor includes unique access to both the basement and the roof, creating additional options for layout and customization.

The building is positioned in downtown Greenwood, with the property described as within walking distance to Uptown Greenwood and surrounding shops, dining, and local attractions.

The seller notes the space can be split, providing flexibility for investors or end users who want to acquire the floors individually or together.

Key Highlights

  • Sixth and eighth‑floor office space in The Grier Building at 327 Main Street, totaling 1,800+ SF
  • 8th floor includes unique access to both the basement and the roof
  • 8th‑floor space and 6th‑floor space can be split and purchased separately for flexibility

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 $48.4k $26.88
− Vacancy −$7.4k −$4.13
EGI $41.0k $22.75
− OpEx −$10.2k −$5.69
NOI $30.7k $17.06
1,800 SF · lease $26.88/SF/yr · vacancy 15.36% · expense 25.00%

Alternative Uses

Best Use
Office B
$438.8K
$383.9K – $511.9K (±1% cap)
NOI $30,714 @ 7.0% cap · market cap 7.88%
Second Best
Mixed Use
$254.6K
$222.8K – $297.0K (±1% cap)
NOI $17,820 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$565.4K
$494.8K – $659.7K (±1% cap)
NOI $39,581 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Sixth and eighth-floor office space in The Grier Building, totaling 1,800+ square feet, with 8th-floor access to basement and roof.
Where is this office units located?
The property is located at 327 Main St #Floors 6 & 8 Greenwood, SC.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Sixth and eighth‑floor office space in The Grier Building at 327 Main Street, totaling 1,800+ SF; 8th floor includes unique access to both the basement and the roof; 8th‑floor space and 6th‑floor space can be split and purchased separately for flexibility
More about this property
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