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    429 Main St Greenville, SC 29601

    For Sale
    $4,200,000

    Prime location, redevelopment opportunity.

    Property size:
    16,778 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 16,778 square foot mixed-use property at 429 N Main St, Greenville, SC, presents a rare redevelopment opportunity. The three-story building sits on a 1.2-acre lot (APN: 0003000202400 and a portion of 0003000200600) and boasts a highly desirable MXS-D zoning designation, allowing for a variety of uses and high density development. Its prime location offers triple road frontage on N Main Street, Academy Street, and Townes Street, ensuring excellent visibility. The property is ideally situated within walking distance of downtown Greenville's vibrant restaurants, shops, parks, and entertainment venues, and benefits from its proximity to the Blue Ridge Mountains and the new Cultural Corridor Project. Furthermore, its location directly across from McPherson Park adds to its appeal. The asking price for this unique investment opportunity is $4,200,000. Don't miss this chance to acquire a significant piece of Greenville's thriving downtown area. This property is zoned for Apartment Building, Executive Office, and Hotel uses.

    Property Features for 429 Main St

    General Information

    Property type
    Multifamily properties
    Square Feet
    16,778 SF
    Lot Size
    52,272 SF

    Building Details

    Stories
    3

    HighLights

    • Rare redevelopment opportunity on Main Street, Downtown Greenville, SC.
    • Highly desirable MXS‑D zoning allows diverse, high‑density uses.
    • Excellent visibility with triple road frontage (Main, Academy, & Townes Streets).
    • Walkable location near restaurants, shops, parks, and entertainment.
    • Mountain views and proximity to the Blue Ridge Mountains.
    • One block from the new Cultural Corridor Project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Safe Harbor Non-Profit Organization Lutheran Hospice Hospice Bewell Home Services-Greenville Home Health Care Service Graduate Greenville Educational Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.3965688
    Latitude
    34.8568835

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    FAQs

    What type of property is this?
    Multifamily property - Prime location, redevelopment opportunity.
    Where is this multifamily property located?
    The property is located at 429 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: Rare redevelopment opportunity on Main Street, Downtown Greenville, SC.; Highly desirable MXS-D zoning allows diverse, high-density uses.; Excellent visibility with triple road frontage (Main, Academy, & Townes Streets).
    Request Owner's contact information
    429 Main St Greenville, SC 29601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    429 Main St Greenville, SC 29601
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