506 Pettigru StGreenville, SC 29601

Property Details for 506 Pettigru St

Lot size

0.24 AC

Zone code

OD

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

0047.00-05-016.00

APU

47000501600

Description

This beautifully renovated, two-story Class A office building at 506 Pettigru Street in Greenville, South Carolina, offers multiple suites for lease. The 3,696 square foot building sits on a 0.244-acre lot and boasts a 2023 renovation. Currently, one vacant suite of approximately 790 square feet is available on the first floor, ideal for executive or creative office use. The minimum leasable space is 500 square feet, with a maximum contiguous space of 900 square feet. The building features a total of three suites and ample on-site parking for 20 vehicles. Its prime location provides easy access to downtown Greenville, Interstate 385, and Laurens Road. Built in 1935, this property benefits from its recent modernization while retaining its character. The zoning is designated as OD. The building is a single structure with two stories and no elevators. This is an exceptional opportunity for businesses seeking a prestigious and convenient location in Greenville's thriving commercial district. Inquire today to learn more about leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $2,021,765

  6.5%

  $1,866,245

  7%

  $1,732,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $875,086

  Geo Method

  $875,086

• Alternative Use

  Use

  Valuation

  Residential

  $2,314,144

  Hospitality

  $2,119,743

  Educational

  $1,763,601

  Medical

  $1,824,254

  Retail

  $2,743,380

Location Insight

City

Greenville

County

Greenville

State

South Carolina

Latitude

34.8505

Longitude

-82.3865

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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