Technical
Financial
Distress signals
Property profile

2600 Main St Spartanburg, SC 29307

OFF-MARKET
Turn key restaurants
Property ID
US77-2792040
13,986 SF 1.95 ac lot Built 1970
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 13,500 square foot property, located at 2600 E Main Street in Spartanburg, South Carolina, presents a unique investment opportunity. The single-story building, constructed in 1970 and extensively renovated in 2023, sits on a 1.95-acre lot and offers a blend of retail and restaurant spaces. Currently, 5,300 square feet of space is available for lease, ideal for a variety of uses including retail boutiques, nail salons, spas, and restaurants. The property is zoned B-1 Neighborhood and features ample parking with 93 spaces. The existing tenant mix includes a successful coffee shop, and two dedicated food hall spaces are also available. Flexible lease terms are available for spaces ranging from 400 to 800 square feet. This prime location on the burgeoning East Side of Spartanburg offers high visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in a thriving community. The property's APN is 7-09-00-011.02, and it's situated in Spartanburg County, South Carolina, zip code 29307. No elevators are present on the property.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction BRICK
Total area 13,986 SF
Lot 1.95 ac (84,800 SF)
APN 7-0900-01102
UPID US77-2792040

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
  • Association Or Organization

Location

2600 Main St Spartanburg, SC 29307-1456
Spartanburg metro Census 21301 SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.34M

Owner & transaction history

since 2022
Last sale
$2.0M
6 recorded transactions
2022
$2.0M
2018
Price N/A
2018
Price N/A
2013
$1.8M
2008
Price N/A
2008
$1.3M

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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