Office Suite with Street
514 Arlington Ave Greenville, SC 29601
514 Arlington Ave, Greenville, SC, 29601
$225,000
For Sale
$225,000
Versatile office suite with approximately 500 sq ft, ready for custom upfit or renovation and convenient on-street parking.
Property Size500 SF
Price / SF$450
Days on Market309
Property Features for 514 Arlington Ave
General Information
- Standard status
- Active
- Size
- 500 SF
Listing agency
Shulikov Realty & Associates
(864) 775-2235
Listed by
Dimitry Bruehl · License #103013
(864) 775-2235
Source
Exprealty
Added: Sep 17, 2025 Updated: Jul 21 at 10:56PM Checked: Jul 21 at 10:56PM
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 Shulikov Realty & Associates
Investment Insights
Based on property information with market context.
This versatile office suite at 514 Arlington Ave offers approximately 500 sq ft of office space, ready for a custom upfit or renovation. The layout is intended to provide flexibility for a range of office-style uses, depending on how an incoming user wants to design the space.
The property is positioned for downtown access, with convenient on-street parking nearby to support everyday visits and client traffic.
Offered for sale, the space is best suited for owner-operators or investors seeking a downtown office location with room to tailor the interior to their needs.
The property is positioned for downtown access, with convenient on-street parking nearby to support everyday visits and client traffic.
Offered for sale, the space is best suited for owner-operators or investors seeking a downtown office location with room to tailor the interior to their needs.
Key Highlights
- Approximately 500 sq ft office space, ready for custom upfit or renovation
- Convenient on‑street parking and downtown access
- Versatile space suitable for a retail storefront, creative studio, or professional office
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 | $11.5k | $23.04 |
| − Vacancy | −$1.3k | −$2.53 |
| EGI | $10.3k | $20.51 |
| − OpEx | −$2.6k | −$5.13 |
| NOI | $7.7k | $15.38 |
500 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$109.9K
$96.1K – $128.2K
NOI $7,690 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$213.6K
$186.9K – $249.2K
NOI $14,954 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Just Rite Banquet ...
Employment Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Versatile office suite with approximately 500 sq ft, ready for custom upfit or renovation and convenient on-street parking.
Where is this office units located?
The property is located at 514 Arlington Ave Greenville, SC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Approximately 500 sq ft office space, ready for custom upfit or renovation; Convenient on‑street parking and downtown access; Versatile space suitable for a retail storefront, creative studio, or professional office
