350 Henry St Spartanburg, SC 29302-2608
This exceptional 7,665-square-foot retail building, formerly a bank, presents a unique investment opportunity in Spartanburg, South Carolina. Situated on a 1.12-acre lot at 350 E Henry St (APN 7-12-11-244.00), this two-story structure boasts a desirable location within the City of Spartanburg's Urban Center District. The building features approximately 3,815 square feet on the first floor and approximately 3,850 square feet on the second floor, offering ample space for various retail or office uses. The property includes three covered drive-through lanes, a stucco exterior, and a composite shingle roof. Modern conveniences such as 100% climate control, building and monument signage, and 38 onsite parking spaces are also included. Convenient access is provided via E. Henry Street, St. Paul Street, and Chestnut Street. The asking price is $1,700,000, translating to $221.79 per square foot. This property is zoned for the City of Spartanburg, Urban Center District, offering significant potential for a variety of commercial ventures. Don't miss this chance to acquire a well-maintained, strategically located commercial property in a thriving South Carolina market.
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Royal Alliance Associates Inc Financial Advisor
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ATM (Suntrust Bank) Atm
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.