275 E Henry St - Office/Residential FOR SALE


Spartanburg, SC 29306- South Converse
$365,000 USD
864-680-3952
275 E Henry St, Spartanburg, SC for Sale
$365,000 USD
Office/Residential - FOR SALE
1/45
null | 1.92% Cap Rate

275 E Henry St
Spartanburg, SC 29306
South Converse


HIGHLIGHTS

  • Immediate Income-Producing Asset
  • Owner-Occupant or Additional Rental Opportunity
  • Prime Spartanburg Growth Location

OVERVIEW

Unique mixed-use investment and owner-user opportunity in Spartanburg's growing commercial corridor. The property features approximately 1,450± SF with an income-producing first-floor tenant currently in place and approximately 575± SF of vacant upper-level space ready for occupancy or lease-up. Existing tenant provides immediate income while the vacant second floor creates additional revenue potential or an ideal space for an owner-occupant business. Excellent fit for professional office, wellness, therapy, consulting, insurance, real estate, accounting, or creative service users. Existing lease transfers with sale. Buyer to verify square footage and zoning suitability for intended use. Investment Highlights: Asking Price: $365,000 Building Size: ±1,450 SF Leased First Floor: ±874 SF Vacant Second Floor: ±575 SF Existing Tenant in Place Lease Transfers with Sale Immediate Cash Flow Owner-Occupant Opportunity Additional Income Potential Upstairs Downtown Spartanburg Proximity Off-Street Parking Mixed-Use Flexibility Property is stand alone with opportunity to create a mixed tenant space (3-4 w/ flex space) or Owner Occupy option. Future lease per sqft is currently below average. Contact agent for NDA to see existing lease/contract.

FOR SALE DETAILS

PRICE

$365,000 USD

PRICE/SF

$262 USD /SF

CAP RATE

1.92%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

LOD

APN/PARCEL ID

7-12-15-267.00

ASK ABOUT THIS PROPERTY

Rob WallPonce Realty GroupMore Info
864-680-3952

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Rob WallPonce Realty GroupMore Info
864-680-3952

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.