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    506 Pettigru St Greenville, SC 29601

    Sponsored
    For Sale
    $900,000

    Prime Greenville location, multi-tenant office.

    Property size:
    3,696 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This meticulously renovated, two-story Class B office building at 506 Pettigru St., Greenville, SC, presents a compelling investment opportunity. Boasting 3,696 square feet on a 0.244-acre lot, this multi-tenant property currently has 66% occupancy with two tenants. The building, constructed in 1950 and extensively renovated in 2018, features three units, including one immediately available 790 square foot suite on the first floor. This suite includes three private offices and a dedicated restroom. The property is zoned RNX-B and offers ample on-site parking. Its strategic location provides easy access to downtown Greenville, I-385, and Laurens Road, making it highly attractive to businesses and professionals. The asking price is $900,000, translating to $243.51 per square foot. This owner/user investment opportunity is a rare find in a thriving Greenville market. The property is a modified lease type and is not subject to a ground lease.

    Property Features for 506 Pettigru St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,696 SF
    Class
    B
    Lot Size
    10,629 SF

    Building Details

    Year Built/Renovated
    1950/2018
    Buildings
    1
    Stories
    2
    Units
    3

    HighLights

    • Renovated multi‑tenant office building at 506 Pettigru St, Greenville, SC.
    • 3,696+/- SF building on a .244+/- acre lot.
    • First‑floor office suite (790+/- SF) available for lease; features 3 offices & private restroom.
    • Convenient location near downtown Greenville, I‑385, and Laurens Rd.
    • Abundant on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Law Offices of W. ... Family Law Attorney Marchant Law Firm Legal Services Chambers Law Firm Attorney Rehabilitation Associates Physical Therapy Clinic Elevated Chiropractic Solutions Chiropractor

    Suggested Use

    Restaurant Dental Office Spa & Massage Realty agency Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.3865765
    Latitude
    34.8506986

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Greenville location, multi-tenant office.
    Where is this office property / space located?
    The property is located at 506 Pettigru St Greenville, SC.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Renovated multi-tenant office building at 506 Pettigru St, Greenville, SC.; 3,696+/- SF building on a .244+/- acre lot.; First-floor office suite (790+/- SF) available for lease; features 3 offices & private restroom.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    506 Pettigru St Greenville, SC 29601
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