449 W Centennial Street, Spartanburg, SC 29303
COMMERCIAL - Spartanburg, SC
- Added:
- Jun 17, 2026
- Days on Market:
- 20
- Last Refresh:
- Jul 6 at 6:06 pm
Property Features for 449 W Centennial Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 7-07-12-107.00
- Lot size
- 0.50 Acres
Utilities
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Building materials
- Brick
Listing agent Michelle Stenersen License #118479 (864) 884-1392
Listing office Laura Simmons & Associates RE Greer, SC (864) 608-1510
Listing date Jun 17, 2026
Copyright © 2026 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Versatile commercial property suitable for purchase or lease.
- Prime location minutes from downtown Spartanburg and Cleveland Park with excellent visibility and easy access.
- Approximately 2,900 sq ft on the main level plus a 1,000 sq ft unfinished basement.
- Flexible opportunity for office, church, nonprofit, retail, or service users.
- Features a reception area, file room, three private offices, and a large open room.
- .50‑acre lot with potential for additional usable space in the rear.
Overview
The property is located at 449 W Centennial Street in Spartanburg and is described as being just minutes from downtown Spartanburg and Cleveland Park. The listing also notes excellent visibility and easy access, which can support a range of office, community, and service uses.
The seller is open to either purchase or lease opportunities, making the property a flexible fit for tenants and operators seeking an adaptable footprint. With private offices alongside a sizable open room, the space can work for professional office users as well as church, nonprofit, retail, or service organizations. The unfinished basement adds practical utility for storage and potential growth within the building.
Local 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 | $69.9k | $24.12 |
| − Vacancy | −$10.2k | −$3.51 |
| EGI | $59.8k | $20.61 |
| − OpEx | −$14.9k | −$5.15 |
| NOI | $44.8k | $15.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -81.950026
- Latitude
- 34.970352
