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Mixed-Use Retail and Restaurant Building
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500 W Main St, Spartanburg, SC 29301

Built in 1916 and renovated 2023–2024, this property offers retail and restaurant space with ample parking.

Space Size1,511 SF
Days on Market597

Property Features for 500 W Main St

General Information

Standard status Active
Size 1,511 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Opportunity Zone Yes

Amenities

large outdoor area
rail trail connectivity

Building Details

Year Built 1916
Year Renovated 2024

Spaces For Lease

at 500 W Main St
500 W Main St $19/SF/Yr
Floor LL
Size 1,511 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Built in 1916 / Renovated in 2023-2024 - Mixed-use Building: Retail, Restaurant, Office & Entertainment - Located within the Opportunity Zone - Ample parking available - Tenant upfit allowances available - Multiple ingress/egress locations on building(s) - Large outdoor area accessible from rear of building - Future multifamily units located to the rear of the property - Rail Trail connectivity coming 2024/2025 - Close proximity to Spartanburg's new baseball stadium
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Listing Agency: Roadstead Real Estate Advisors Upstate LLC
Listed By: John Bauknight
Source: Moodyscre
Added: Mar 12, 2025 Changed: Oct 26 Last Checked: Oct 28 at 7:48AM

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 Roadstead Real Estate Advisors Upstate LLC

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Investment Insights

Based on property information with market context.

Built in 1916 and renovated in 2023–2024, this mixed-use building at 500 W Main St includes retail, restaurant, office, and entertainment components. Tenants may benefit from available upfit allowances, and the property provides multiple ingress/egress locations across the building(s). A large outdoor area is accessible from the rear of the property, supporting versatile on-site use within the existing layout.

The property is located within an Opportunity Zone and offers ample parking for customer and tenant use. Future multifamily units are planned to the rear of the property. Rail Trail connectivity is coming in 2024/2025, and the location is described as close to Spartanburg’s new baseball stadium.

Key Highlights

  • Built in 1916 and renovated in 2023–2024
  • Mixed‑use building with retail, restaurant, office, and entertainment space
  • Located within an Opportunity Zone

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Jayne Esthetics Spa & Massage Center Bloom Hair Lounge Hair Salon

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,539
Businesses Nearby
130k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Dining 37%
QuikTrip Shops & Services
41,006 visits/mo 0.2 miles
Spinx Shops & Services
18,185 visits/mo 0.2 miles
Wendy's Dining
13,373 visits/mo 0.1 miles
Chicken Salad Chick Dining
9,884 visits/mo 0.0 miles
Eggs Up Grill Dining
8,784 visits/mo 0.2 miles

Demographics for 29301, SC

34,531
Population
16,020
Households
2.2
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
27.5 sq mi
ZIP Area
1,256
Density / Sq Mi
$56,606
Median Household Income
$37,761
Median Earnings
$1,126
Median Rent
$200,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Spartanburg, SC

$14.22 /SF/Yr
Avg Asking Price
$12–$15 /SF/Yr
Price Range
14,511 SF
Avg Space Size

This space is priced 34% above the average of $14.22 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Built in 1916 and renovated 2023–2024, this property offers retail and restaurant space with ample parking.
Where is this retail space located?
The property is located at 500 W Main St Spartanburg, SC.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Built in 1916 and renovated in 2023–2024; Mixed‑use building with retail, restaurant, office, and entertainment space; Located within an Opportunity Zone
(864) 809-9900 Call to check price and availability
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