Mixed-Use Residential and Office
906 Augusta Street Greenville, SC 29605
906 Augusta Street, Greenville, SC, 29605
$1,395,000
For Sale
$1,395,000
MX2-zoned building with a new roof, dedicated 12-car parking, and four exterior access doors for flexible multi-use layouts.
Property Size4,000 SF
Price / SF$348.75
Days on Market95
Property Features for 906 Augusta Street
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Commercial/Industrial / Office
Listing agency
Rosenfeld Realty Group
(864) 561-3557
Listed by
Renia Trickett · License #88772
Source
Compass
Added: Apr 20 Updated: Jul 22 at 12:22PM Checked: Jul 22 at 12:22PM
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 Rosenfeld Realty Group
Investment Insights
Based on property information with market context.
906 Augusta Street in Greenville is a versatile mixed-use building designed to support residential, office, and short-term rental options. The property features a new roof and a dedicated 12-car parking lot, and includes four separate exterior access doors that can facilitate multi-tenant or segmented use.
The building’s interior offers generous space with multiple entry points and adaptable rooms, supporting configurations that range from private offices to guest-suited layouts. Natural light and the overall scale provide a practical foundation for customization to suit a variety of operational needs.
Zoned MX2 in an Opportunity Zone, the site is situated along Augusta Street with convenient access to downtown Greenville and nearby attractions, and offers connectivity suited to both client-facing and residential use. The remarks also note convenient access to Prisma Health and major thoroughfares, supporting day-to-day commuting and guest or client travel.
The building’s interior offers generous space with multiple entry points and adaptable rooms, supporting configurations that range from private offices to guest-suited layouts. Natural light and the overall scale provide a practical foundation for customization to suit a variety of operational needs.
Zoned MX2 in an Opportunity Zone, the site is situated along Augusta Street with convenient access to downtown Greenville and nearby attractions, and offers connectivity suited to both client-facing and residential use. The remarks also note convenient access to Prisma Health and major thoroughfares, supporting day-to-day commuting and guest or client travel.
Key Highlights
- MX2‑zoned property in an Opportunity Zone with versatile residential, office, and short‑term rental potential
- Approx. 4,000 SF building with forced air natural gas heating
- Brand new roof (composition shingle per listing) and dedicated 12‑car parking lot
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 | $92.2k | $23.04 |
| − Vacancy | −$10.1k | −$2.53 |
| EGI | $82.0k | $20.51 |
| − OpEx | −$20.5k | −$5.13 |
| NOI | $61.5k | $15.38 |
4,000 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$878.8K
$769.0K – $1.03M
NOI $61,517 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$519.5K
$454.6K – $606.1K
NOI $36,366 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.71M
$1.50M – $1.99M
NOI $119,633 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Friddle Law Firm
Law Firm
Shook Lynn
Law Firm
Waikart Harry
Law Firm
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FAQs
What type of property is this?
Short term rental property - MX2-zoned building with a new roof, dedicated 12-car parking, and four exterior access doors for flexible multi-use layouts.
Where is this short term rental property located?
The property is located at 906 Augusta Street Greenville, SC.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: MX2‑zoned property in an Opportunity Zone with versatile residential, office, and short‑term rental potential; Approx. 4,000 SF building with forced air natural gas heating; Brand new roof (composition shingle per listing) and dedicated 12‑car parking lot
