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Flexible Mixed-Use Property
For Sale
$1,395,000

906 Augusta Street, Greenville, SC 29605

Commercial/Industrial, Greenville, SC

Property Size4,000 SF
Lot Size0.35 Acres
Price / SF$348.75
Days on Market115

Property Features for 906 Augusta Street

General Information

Property type Residential
Property subtype Office
Zoning MX2
Subdivision 074
Standard status Active
APN 0095000901300
Lot size 0.35 Acres

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Flooring type Wood, Tile
Building materials Brick
Roof type Composition
Listing Agency: Rosenfeld Realty Group
Listed By: Renia Trickett · License #45210
Added: Jun 24 Changed: Oct 13 Last Checked: Oct 16 at 1:06AM
MLS# 1588836

Copyright © 2026 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Located at 906 Augusta Street, this approximately 4,000-square-foot mixed-use property combines a brick structure with tile and wood flooring, natural-gas forced-air heating, and a composition roof. The building has four separate exterior access doors and adaptable rooms that can support private offices, guest suites, open workspace, or segmented occupancy. Its stated use potential includes residential, professional office, short-term rental, medical, spa, and creative studio applications.

The 0.35-acre site includes a dedicated 12-car parking lot and public water service. The property is zoned MX2 and identified as being within an Opportunity Zone. Its Augusta Street location provides access to downtown Greenville, Main Street, Falls Park on the Reedy, Prisma Health, dining, shopping, cultural destinations, and major thoroughfares. The property is also monitored by 24-hour surveillance.

Key Highlights

  • Approximately 4,000 sq ft mixed‑use building on a 0.35‑acre site
  • MX2 zoning and Opportunity Zone designation
  • Dedicated 12‑car parking lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,517
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,230,340 $1.2M
Cap Rate 7%
$878,814 $878.8K
Cap Rate 9%
$683,522 $683.5K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$92.2K $23.04/SF
− Vacancy
−$10.1K −$2.53/SF
EGI
$82.0K $20.51/SF
− OpEx
−$20.5K −$5.13/SF
NOI
$61.5K $15.38/SF
Area
Greenville County, SC
Vacancy
11.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,230,340
Cap Rate 7%
$878,814
Cap Rate 9%
$683,522

Alternative Uses

Best Use
Office B
$878.8K
$769.0K – $1.03M (±1% cap)
NOI $61,517 @ 7.0% cap · market cap 4.41%
Second Best
Mixed Use
$591.4K
$517.5K – $690.0K (±1% cap)
NOI $41,400 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$1.71M
$1.50M – $1.99M (±1% cap)
NOI $119,633 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Friddle Law Firm Law Firm Shook Lynn Law Firm Waikart Harry Law Firm

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,337
Businesses Nearby

Demographics for 29605, SC

36,970
Population
17,013
Households
2.2
Avg Household Size
37
Median Age
34%
College-Educated
86%
High-School Grad
24.8 sq mi
ZIP Area
1,491
Density / Sq Mi
$63,717
Median Household Income
$39,518
Median Earnings
$1,049
Median Rent
$228,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - MX2-zoned building with four exterior entrances, a new roof, and dedicated parking near downtown Greenville.
Where is this mixed-use 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: Approximately 4,000 sq ft mixed‑use building on a 0.35‑acre site; MX2 zoning and Opportunity Zone designation; Dedicated 12‑car parking lot
More about this property
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