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Property profile & analytics

405 Westfield St Greenville, SC 29601

  • Retail space
  • 0.85 lot acres
For Sale
Last Sale
Jun 03, 2022
$2,500,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US77-1008776
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Westfield Greenville Event Venue / Event Venue
  • Westfield / Wedding Venue
  • The 405 Venue / Event Venue

Property Details for 405 Westfield St

Year built
1974
Lot size
0.85 lot acres
Zone code
C-4
Property type
Retail space
APN
0071.00-01-001.01
APU
71000100101

Description

This exceptional 20,000 square foot mixed-use building presents a compelling investment opportunity in the heart of Greenville, South Carolina. Located on a 0.851-acre lot at 405 Westfield Street (APN 0071000100101), this landmark property is currently leased to High Spirits Hospitality, operating as The 405, a thriving event venue. The initial lease term extends to January 2028, providing immediate income potential. Situated in the Central Business District (CBD), this completely renovated building boasts high-end finishes, large windows, high ceilings, a new roof, new HVAC system, new flooring, and a new sprinkler system. Its prime location offers unparalleled access to the Swamp Rabbit Trail, proximity to the planned convention center, and a central position between the District West (365 units) and Trailside (215 units) apartment communities, ensuring high foot traffic and visibility. The MX-D zoning allows for diverse future uses. The asking price is $3,995,000, translating to $199.75 per square foot. This is a rare chance to acquire a meticulously maintained, high-performing asset in one of Greenville's most dynamic areas. Further details are available upon request.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,665,000
    ML approach
    $1,805,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Greenville
County
Greenville
State
South Carolina
Longitude
-82.4062
Latitude
34.8483
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,713
$44,750
$66,010
$110,760
-
$0.00
$0.00
$2,461,420
More about this property
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