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Downtown Owner-Occupant Office Opportunity
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504 Ferguson St, Greenville, SC

Downtown office building with great amenities and parking options.

Property Size20,246 SF
Lot Size0.37 Acres
Price / SF$345.75
Days on Market351

Property Features for 504 Ferguson St

General Information

Standard status Active
Size 20,246 SF
Lot size 0.37 Acres
Property subtype OFFICE
Listing Agency: Colliers | Greenville
Listed By: Bailey Tollison
Source: Moodyscre
Added: Aug 14, 2025 Changed: Jul 10 Last Checked: Jul 21 at 5:06AM

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 Colliers | Greenville

Investment Insights

Based on property information with market context.

This downtown property presents a rare opportunity for owner-occupancy. The building offers great amenities and is within walking distance of popular attractions. Additional parking is available in adjacent lots and garages. The property encompasses a total area of 20,246 square feet and is located at 504 Ferguson St, Greenville, SC. It is suitable for office use.

Key Highlights

  • Rare downtown owner‑occupant opportunity
  • Great amenities
  • Within walking distance to popular attractions

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 $466.5k $23.04
− Vacancy −$51.3k −$2.53
EGI $415.2k $20.51
− OpEx −$103.8k −$5.13
NOI $311.4k $15.38
20,246 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$4.45M
$3.89M – $5.19M (±1% cap)
NOI $311,367 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.65M
$7.57M – $10.09M (±1% cap)
NOI $605,523 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Florist (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Veterinary Clinic 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.

Location Intelligence

Trade Area within ½ mile

3,010
Businesses Nearby

Market

Vacancy Rate% for Office in Greenville, SC

6% 2019
10.3% 2020
10.8% 2021
10.7% 2022
11.7% 2023
11% 2024
9.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Downtown office building with great amenities and parking options.
Where is this office building located?
The property is located at 504 Ferguson St Greenville, SC.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Rare downtown owner‑occupant opportunity; Great amenities; Within walking distance to popular attractions
(864) 884-8730 Call to check price and availability
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