Mixed-Use Building on North
913 N Main St Greer, SC 29651
913 N Main St, Greer, SC, 29651
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For Sale
Contact for pricing
14,200+- SF mixed-use building for sale on North Main.
Property Size14,200 SF
Price / SF$130.28
Days on Market610
Property Features for 913 N Main St
General Information
- Standard status
- Active
- Size
- 14,200 SF
- Property subtype
- Retail, Industrial
Listing Agency
Langston Black Real Estate
(864) 848-9070
Listed by
Chuck Langston · License #SC 17054
Source
Crexi
Added: Nov 14, 2024 Checked: Jul 16 at 11:14 am
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 Langston Black Real Estate
Investment Insights
Based on property information with market context.
This 14,200+- square foot mixed-use building is available for sale. It is located on North Main Street (Hwy 14) in Greer. The property features eight offices, a 12’x13.8’ drive-in door, a breakroom, and two restrooms. The layout includes an open retail/office area, a conference room, and a tech/storage room. Additionally, the property includes a 5,465+- square foot warehouse.
Key Highlights
- 14,200+- sf building
- Located on North Main Street (Hwy 14) in Greer
- 5,465+- sf warehouse
Local Financial Insights For Mixed Use
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 | $255.6k | $18.00 |
| − Vacancy | −$20.4k | −$1.44 |
| EGI | $235.2k | $16.56 |
| − OpEx | −$88.2k | −$6.21 |
| NOI | $147.0k | $10.35 |
14,200 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$3.12M
$2.73M – $3.64M
NOI $218,385 @ 7.0% cap · market cap 11.80%
Second Best
Retail
$3.01M
$2.63M – $3.51M
NOI $210,424 @ 7.0% cap · market cap 11.37%
Theoretical Best
Office A
$6.07M
$5.31M – $7.08M
NOI $424,698 @ 7.0% cap · market cap 22.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Greer Flooring Center
Carpet & Flooring Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - 14,200+- SF mixed-use building for sale on North Main.
Where is this mixed-use property located?
The property is located at 913 N Main St Greer, SC.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 14,200+- sf building; Located on North Main Street (Hwy 14) in Greer; 5,465+- sf warehouse
