Two-Story Brick Retail/Office
For Sale
Contact for pricing
4 S Main Street, Inman, SC 29349
Two-story brick building with ground-floor retail and upper level suited for office or apartment.
Property Size2,486 SF
Price / SF$279.57
Days on Market161
Property Features for 4 S Main Street
General Information
Standard status
Active
Size
2,486 SF
Property subtype
Mixed Use, Office, Retail
Building Details
Stories
2
Construction
brick
Listing Agency:
Spencer/Hines Properties Spartanburg
Listed By:
Andy Hayes · License #SC 13179
(864) 706-0189
Source:
Crexi
Added: May 14
Changed: Oct 7
Last Checked: Oct 20 at 8:13PM
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 Spencer/Hines Properties Spartanburg
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
For sale investment opportunity in downtown Inman: a 2,486± square-foot, two-story brick building with exposed brick walls and plaster throughout. The ground level is configured for retail use with a wide open space, while the upper level is suitable for office and apartment use.
The property is located at 4 S. Main Street and has high visibility along S. Main Street. It sits across from the start of the new Saluda Grade Rail Trail, offering a prominent streetscape presence. Spartanburg County Tax Map # 1-44-02-171.00.
The property is located at 4 S. Main Street and has high visibility along S. Main Street. It sits across from the start of the new Saluda Grade Rail Trail, offering a prominent streetscape presence. Spartanburg County Tax Map # 1-44-02-171.00.
Key Highlights
- 2486± sq. ft. two‑story brick building
- Ground‑floor retail with wide open space
- Upper level suited for office and/or apartment use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,428
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$768,560
$768.6K
Cap Rate 7%
$548,971
$549.0K
Cap Rate 9%
$426,978
$427.0K
Market Conditions
NOI Build-Up for 2,486 SF
Gross rent
$60.0K $24.12/SF
− Vacancy
−$8.7K −$3.51/SF
EGI
$51.2K $20.61/SF
− OpEx
−$12.8K −$5.15/SF
NOI
$38.4K $15.46/SF
Area
Spartanburg County, SC
Vacancy
14.55%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$768,560
Cap Rate 7%
$548,971
Cap Rate 9%
$426,978
Alternative Uses
Best Use
Office B
$549.0K
$480.4K – $640.5K
NOI $38,428 @ 7.0% cap · market cap 5.53%
Second Best
Retail
$408.5K
$357.5K – $476.6K
NOI $28,598 @ 7.0% cap · market cap 4.11%
Theoretical Best
Warehouse
$1.93M
$1.69M – $2.25M
NOI $135,096 @ 7.0% cap · market cap 19.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 29349, SC
36,458
Population
15,118
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
87%
High-School Grad
76.9 sq mi
ZIP Area
474
Density / Sq Mi
$74,363
Median Household Income
$42,604
Median Earnings
$917
Median Rent
$233,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two-story brick building with ground-floor retail and upper level suited for office or apartment.
Where is this office unit located?
The property is located at 4 S Main Street Inman, SC.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 2486± sq. ft. two‑story brick building; Ground‑floor retail with wide open space; Upper level suited for office and/or apartment use
