Technical
Financial
Distress signals
Property profile

2998 S Pine St Spartanburg, SC 29302

FOR SALE
Bars & Pubs
Property ID
US77-1250240
4,320 SF 1.15 ac lot Built 1967
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,320-square-foot flex space/warehouse in Spartanburg, South Carolina, presents a compelling investment opportunity. Located on Pine Street (Hwy 9), this single-story building boasts ±250 square feet of office space and approximately 85 paved parking spaces. Completely renovated in 2021, the property features a new roof, updated electrical wiring, and 100% HVAC throughout. The clear-span ceilings maximize usable space, and the building offers two convenient entry/exit points directly onto Pine Street, providing excellent visibility and accessibility. A significant advantage is the large basement area, offering additional square footage beyond the stated 4,320 square feet (basement square footage not included in the total). The property's prime location on Hwy 9 ensures high visibility, with approximately 21,400 vehicles passing daily. Recent improvements include re-sealing of the parking lot. The building is divisible, making it suitable for multiple tenants or adaptable to various business needs. This move-in ready property is priced to sell at $315,000.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1967
Total area 4,320 SF
Lot 1.15 ac (50,000 SF)
APN 7-1700-09100
UPID US77-1250240

Cap rate & NOI

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

Location

2998 S Pine St Spartanburg, SC 29302
Spartanburg metro Census 22101 SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2025
Last sale
$250,000
5 recorded transactions
2026
Price N/A
2025
$250,000
2018
Price N/A
2007
Price N/A
2007
Price N/A

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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