501 Poinsett Hwy Greenville, SC 29609-4426
This exceptional commercial property, located at 501 & 503 Poinsett Highway in Greenville, South Carolina, presents a compelling investment opportunity. The 7,500 square foot building sits on a 0.34-acre lot and is zoned C-2, allowing for a wide range of uses. Currently configured as three separate units, each is occupied month-to-month by existing tenants: a barber shop, an alterations business, and an office. The property's prime location within Greenville's Poinsett District, a designated opportunity zone offering significant tax incentives, provides immediate access to the Crescent Community Center and is just one block from Greenville City limits. The high visibility along the popular Poinsett Highway ensures strong potential for future growth and rental income. The asking price is $650,000, translating to $86.67 per square foot. The single-story building offers flexibility for a variety of commercial ventures, benefiting from the diverse zoning that includes options such as auto service, catering, appliance repair, liquor sales, and nightclubs, in addition to office and retail uses. This property represents a rare chance to acquire a well-situated commercial asset in a thriving area with significant upside potential. The property is situated in Greenville County, SC, zip code 29609.
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
C2 · Greenville, SCCosts & 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.