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    Retail Property in Greenville, SC Title is generated by Realmo AI

    407 Old Piedmont Hwy, Greenville, SC 29605

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    For Sale
    $275,000

    Retail space with storage, ideal for various business uses.

    Property size:
    1,359 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $202/SF
    Added:
    Dec 3, 2025
    Days on Market:
    189
    Last Refresh:
    Jan 20 at 9:50 am

    Property Features for 407 Old Piedmont Hwy

    General Information

    Standard status
    Active
    Size
    1,359 SF
    Lot size
    0.45 Acres

    We can help!

    Listing Contact
    Tonya Dymond

    Listing agent Tonya Dymond

    Listing office JPAR Magnolia Group Greenville

    Listing date Dec 3, 2025

    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 JPAR Magnolia Group Greenville

    HighLights

    • Prime commercial location within the thriving Greenville‑Anderson‑Mauldin MSA.
    • Versatile 1,359 SF retail space suitable for various business types.
    • Additional 786 SF storage area.
    • Ample parking on 0.45 acres.
    • Well‑designed layout including reception area, lobby, laundry room, two offices, and bathroom.
    • Covered entrance providing easy access and visibility.

    Overview

    This commercial retail property is located within the Greenville-Anderson-Mauldin MSA. The building offers 1,359 square feet of retail space and is situated on 0.45 acres. Currently operating as a salon, the property includes a reception area, lobby, laundry room, two offices, and a bathroom. Additionally, there is a 786 square foot storage area. The building features a covered entrance. Ample parking is available. The property is positioned for retail, service, or office-based businesses. It is located in Greenville, SC, and offers proximity to major roads.

    Local Financial Insights For Retail

    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 $29.8k $21.96
    − Vacancy −$1.1k −$0.79
    EGI $28.8k $21.17
    − OpEx −$8.6k −$6.35
    NOI $20.1k $14.82
    1,359 SF · lease $21.96/SF/yr · vacancy 3.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $287.7K
    $251.7K – $335.6K (±1% cap)
    NOI $20,138 @ 7.0% cap · market cap 7.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $580.6K
    $508.1K – $677.4K (±1% cap)
    NOI $40,645 @ 7.0% cap · market cap 14.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schianne's Styling & Tanning Hair Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.429
    Latitude
    34.8118

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    FAQs

    What type of property is this?
    Retail space - Retail space with storage, ideal for various business uses.
    Where is this retail space located?
    The property is located at 407 Old Piedmont Hwy Greenville, SC.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Prime commercial location within the thriving Greenville‑Anderson‑Mauldin MSA.; Versatile 1,359 SF retail space suitable for various business types.; Additional 786 SF storage area.
    (864) 420-1855
    We can help!
    Listing Contact
    Tonya Dymond
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