461-465 W Centennial St - Freestanding FOR SALE


Spartanburg, SC 29303- Hilltop
$525,000 USD
864-580-1131
461-465 W Centennial St, Spartanburg, SC for Sale
$525,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

461-465 W Centennial St
Spartanburg, SC 29303
Hilltop


HIGHLIGHTS

  • Located near Downtown Spartanburg and Asheville Highway.
  • Three-unit commercial building with one unit leased.
  • Includes a single-family home with month-to-month tenancy.
  • Front parking for 10 vehicles plus additional rear land.
  • Easy access to Business 85 and surrounding commercial corridors.
  • Ideal for owner-users, investors, or multi-tenant leasing.

OVERVIEW

Positioned just off Business 85 near Asheville Highway and Downtown Spartanburg, 461–465 W Centennial Street offers a versatile investment opportunity with income in place and upside potential. This ±7,400 SF multi-unit property includes three commercial suites and a single-family home, all situated on a parcel with front and rear parking access. One of the commercial units is currently leased, while the remaining two are vacant and ready for occupancy or repositioning. The property’s location provides excellent connectivity to Spartanburg’s core business and residential districts, making it ideal for owner-users or investors seeking a value-add opportunity. With 10 dedicated parking spaces in front and additional land in the rear, the site supports a range of tenant uses. The included single-family home adds a residential income stream.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

Unzoned

APN/PARCEL ID

7-07-12-097.00

ASK ABOUT THIS PROPERTY

Emma McDaniel, CCIMMcDaniel & CompanyMore Info
864-580-1131

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Emma McDaniel, CCIMMcDaniel & CompanyMore Info
864-580-1131

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