111 Main St Greer, SC 29651
- Office buildings
- 0.12 lot acres
Current Use by Public Records
- Partnership For Tomorrow / Non-Profit Organization
- Courageous Leadership / Business Management Consultant
- Greer Development Corporation / Economic Development Agency / Business Development Service
- Greer Nuisance Abatement / City Government Office
- Nehemiah Corporation / Non-Profit Organization / Real Estate Developer
Property Details for 111 Main St
- Lot size
- 0.12 lot acres
- Zone code
- C1
- Property type
- Office buildings
- APN
- G020.00-01-020.00
- APU
- G020000102000
Description
This exceptional Class A office building, located in the heart of Greer Station at 111 S. Main St., Greer, SC 29651, offers a prime opportunity for businesses seeking a prestigious address. The recently renovated (2023) two-story building boasts 7,500 square feet of total space, with a single available suite of 653 square feet situated on the second floor. This multi-tenant building features a desirable mix of professional office occupants. The building enjoys a highly visible location on S. Main Street (Highway 14), adjacent to a city-owned surface parking lot, ensuring ample parking for tenants and visitors. The 9-foot ceilings provide a spacious and comfortable work environment. This property is zoned GS and sits on one acre of land. Its convenient location offers easy access to local amenities, including restaurants and a post office, as well as the Greenville-Spartanburg International Airport and Interstate 85. The building's prime location and recent renovations make it an ideal choice for a variety of professional office users. The minimum divisible space is 653 square feet, and the maximum contiguous space available is also 653 square feet. The building was originally constructed in 1950 and comprises four total suites. Currently, 653 square feet of space is vacant. This is a rare opportunity to secure office space in a highly sought-after location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $710,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $770,000
- 6.5%
- $750,000
- 7%
- $685,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $715,000
- Geo Method
- $730,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $800,000
- Retail
- $865,000
- Mixed-Use
- $710,000
- Hospitality
- $820,000
- Educational
- $700,000
- Residential Income
- $760,000
- Energy
- $810,000
- Income-Based Land
- $850,000
- Food Service
- $720,000
Location Insight
- Map
- Local Demand
- City
- Greer
- County
- Greenville
- State
- South Carolina
- Longitude
- -82.2277
- Latitude
- 34.938
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA