Mixed-Use Greenville Property For
429 N Main St Greenville, SC 29601
429 N Main St, Greenville, SC, 29601
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For Sale
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Mixed-use property in Greenville, SC, totaling 16,778 square feet.
Property Size16,778 SF
Price / SF$250.33
Days on Market781
Property Features for 429 N Main St
General Information
- Standard status
- Active
- Size
- 16,778 SF
- Property subtype
- Hospitality, Mixed Use, Multifamily, Office
Listing Agency
Reedy Commercial
(864) 201-2221
Listed by
Chandler Ayers · License #104450
Source
Crexi
Added: May 28, 2024 Checked: Jul 16 at 12:57 pm
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 Reedy Commercial
Investment Insights
Based on property information with market context.
This mixed-use property, located in Greenville, SC, is available for sale. The property encompasses a total area of 16,778 square feet and can be used for hospitality, multifamily, residential income, and office purposes.
Key Highlights
- No property information was provided to extract selling points.
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 | $386.6k | $23.04 |
| − Vacancy | −$42.5k | −$2.53 |
| EGI | $344.0k | $20.51 |
| − OpEx | −$86.0k | −$5.13 |
| NOI | $258.0k | $15.38 |
16,778 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.69M
$3.23M – $4.30M
NOI $258,032 @ 7.0% cap · market cap 6.14%
Second Best
Mixed Use
$2.48M
$2.17M – $2.89M
NOI $173,652 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$7.17M
$6.27M – $8.36M
NOI $501,801 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Safe Harbor
Charitable Organization
Lutheran Hospice
Nursing Home
Bewell Home Services-Greenville
Home Health Care Service
Graduate Greenville
Training Center
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Greenville, SC, totaling 16,778 square feet.
Where is this mixed-use property located?
The property is located at 429 N Main St Greenville, SC.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.
