Historic 3-Story Office
For Sale
Contact for pricing
412 Pettigru St, Greenville, SC 29601
Spacious three-story office in Greenville with lots of natural light and parking.
Property Size2,121 SF
Price / SF$247.52
Days on Market71
Property Features for 412 Pettigru St
General Information
Standard status
Active
Size
2,121 SF
Property subtype
OFFICE
Building Details
Stories
3
Listing Agency:
Joyner Commercial
(940) 765-9223
Listed By:
Adel Forsythe · License #133823
(940) 765-9223
Source:
Moodyscre
Added: May 22
Changed: Jul 26
Last Checked: Jul 31 at 11:01AM
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 Joyner Commercial
Investment Insights
Based on property information with market context.
This three-story office building offers spacious interiors and lots of natural light. The property is presented with classic architectural details and a tasteful office environment.
Located in the heart of Greenville in the historic Pettigru district, the building sits on a treelined block with parking and central access to downtown. It is described as walkable to the area and is a couple blocks from Bon Secours Arena.
With approximately 2,121 square feet, the building is configured for large office spaces across three levels.
Located in the heart of Greenville in the historic Pettigru district, the building sits on a treelined block with parking and central access to downtown. It is described as walkable to the area and is a couple blocks from Bon Secours Arena.
With approximately 2,121 square feet, the building is configured for large office spaces across three levels.
Key Highlights
- 2121 SF, three‑story office in Greenville
- Lots of natural light throughout the office
- Located in the historic Pettigru district in the heart of Greenville
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 | $48.9k | $23.04 |
| − Vacancy | −$5.4k | −$2.53 |
| EGI | $43.5k | $20.51 |
| − OpEx | −$10.9k | −$5.13 |
| NOI | $32.6k | $15.38 |
2,121 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$466.0K
$407.7K – $543.7K
NOI $32,619 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$906.2K
$792.9K – $1.06M
NOI $63,435 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,259
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Spacious three-story office in Greenville with lots of natural light and parking.
Where is this office building located?
The property is located at 412 Pettigru St Greenville, SC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2121 SF, three‑story office in Greenville; Lots of natural light throughout the office; Located in the historic Pettigru district in the heart of Greenville
