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Property profile

111 S Main St Greer, SC 29651

FOR LEASE
Office buildings
Property ID
US77-1022759
0.12 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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111 S Main St, Greer, SC 29651 For Lease
Contact for pricing 7,500 SF available
111 S Main St, Greer, SC 29651
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.12 ac (5,358 SF)
Zoning code C1
APN G020.00-01-020.00
UPID US77-1022759

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Business Management Consultant
  • Social Service Agency
  • City Government Office
  • Construction Company General Contractor

Location

111 S Main St Greer, SC 29651
Greer metro Census 2505 GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$710k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$710k

Owner & transaction history

since 2024
Last sale
$710,000
4 recorded transactions
2024
$710,000
2020
Price N/A
2017
Price N/A
2017
$450,000

Zoning & alternative use

C1 · Greer, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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