1948 Main St Spartanburg, SC 29307-2305
This single-tenant property at 1948 E Main St, Spartanburg, SC 29307, offers 4,022 square feet on a 26,241 square foot lot. Built in 1998, this one-story building is situated in a prime location within Spartanburg's Hillcrest Market Place, boasting unparalleled visibility on the heavily trafficked East Main Street corridor. The property's strategic location offers easy access to major transportation routes, including I-85 and I-26, and is just minutes from downtown Spartanburg. Its proximity to established businesses like Publix, Chick-fil-A, and Whataburger ensures high foot and vehicle traffic. The property features convenient on-site parking and is ideal for a variety of commercial uses, including retail, office, or service-based businesses. This location benefits from a rapidly growing market with increasing demand for commercial services, making it an excellent investment opportunity in a thriving commercial district. The building is currently configured as a traditional office space with 1,554 square feet of rentable area. The property presents a unique opportunity to capitalize on the high visibility and strong demographics of this established commercial area. Ample space and convenient parking cater to both customers and employees.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.