Mixed-Use Building on North
For Sale
Contact for pricing
913 N Main St, Greer, SC 29651
14,200+- SF mixed-use building for sale on North Main.
Property Size14,200 SF
Price / SF$130.28
Days on Market700
Property Features for 913 N Main St
General Information
Standard status
Active
Size
14,200 SF
Property subtype
Retail, Industrial
Zoning
CITY OF GREER CG (COMMERCIAL GENERAL)
Listing Agency:
Langston Black Real Estate
Listed By:
Chuck Langston · License #SC 17054
(864) 848-9070
Source:
Crexi
Added: Nov 14, 2024
Changed: Oct 4
Last Checked: Oct 15 at 12:14AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$146,970
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,939,400
$2.9M
Cap Rate 7%
$2,099,571
$2.1M
Cap Rate 9%
$1,633,000
$1.6M
Market Conditions
NOI Build-Up for 14,200 SF
Gross rent
$255.6K $18.00/SF
− Vacancy
−$20.4K −$1.44/SF
EGI
$235.2K $16.56/SF
− OpEx
−$88.2K −$6.21/SF
NOI
$147.0K $10.35/SF
Area
Greenville County, SC
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,939,400
Cap Rate 7%
$2,099,571
Cap Rate 9%
$1,633,000
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
Demographics for 29651, SC
50,778
Population
21,738
Households
2.3
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
89.6 sq mi
ZIP Area
567
Density / Sq Mi
$80,748
Median Household Income
$47,077
Median Earnings
$1,021
Median Rent
$264,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
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
