405 Westfield St Greenville, SC 29601

Listing agency Spencer/Hines Properties z***@spencerhines.com Show Phone

Listed by Zach Hines · License #SC 58750

Source Crexi

Added: Jun 11, 2024 Updated: Jul 10 at 3:43PM Checked: Jul 17 at 3:44AM

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Investment Insights

Based on property information with market context.

This is an investment opportunity to acquire a 20,000 square foot building on approximately 0.851 acres. The property is currently leased and operating as an event venue under the name The 405, managed by High Spirits Hospitality. The initial lease term expires in January 2028. The building is located in downtown Greenville, directly on the Swamp Rabbit Trail, and in the heart of Unity Park. It is situated between District West, a 365-unit apartment community, and Trailside, a 215-unit apartment community, and steps away from the newly planned convention center. The property has been completely renovated with high-end finishes, large windows, high ceilings, a new roof, new HVAC system, new floors, and a new sprinkler system. The property is zoned MX-D, City of Greenville.

Key Highlights

• Landmark property in Downtown Greenville with an experienced tenant (High Spirits Hospitality DBA: The 405) in place.
• Excellent investment opportunity with initial lease term expiring January 2028.
• Located directly on the Swamp Rabbit Trail, steps from the planned convention center, and in the heart of Unity Park.

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FAQs

What type of property is this?

Wedding venue - Leased event venue in downtown Greenville near Unity Park.

Where is this wedding venue located?

The property is located at 405 Westfield St Greenville, SC.

What is the asking price?

The asking price for this property is $3,995,000.

What are key features of this property?

This property features: Landmark property in Downtown Greenville with an experienced tenant (High Spirits Hospitality DBA: The 405) in place.; Excellent investment opportunity with initial lease term expiring January 2028.; Located directly on the Swamp Rabbit Trail, steps from the planned convention center, and in the heart of Unity Park.