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876 W Main St 29301 876 W Main St

19,635 SF 29% Leased Industrial Building Spartanburg, SC 29301 £944,682 (£48/SF)

Investment Highlights

  • multi use,

Executive Summary

Great industrial building separated inside to accommodate multiple leases to include warehouse, work stations, and offices for many types of businesses. Total income $9000 per month with a potential for an additional $6000 in rent or to occupy the remaining space for yourself! New roof, updated offices, bathrooms, and convenient downtown location only enhances the property to be in high demand for years to come Fire and sprinkler system approved by the city. Driveway modified to allow delivery trucks to circle in and out easily. City is currently repaving roads and preparing for economic expansion in the area!!

Attachments

Flyer

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £86,098 £4.38
Other Income - -
Vacancy Loss - -
Effective Gross Income £86,098 £4.38
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £86,098
Annual Per SF £4.38
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £86,098
Annual Per SF £4.38
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £944,682
Price Per SF £48
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 0.87 AC
Rentable Building Area 19,635 SF
Number of Floors 1
Year Built 1963
Parking Ratio 1.53/1,000 SF
Clear Ceiling Height 12 ft
No. Dock-High Doors/Loading 1
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Front Loading
  • Storage Space

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7-11-16-005.00
Land Assessment
£1,101
Improvements Assessment
£1,723
Total Assessment
£2,824

zoning

Zoning Code 6RGC (General Commercial)
6RGC (General Commercial)
  • Listing ID: 34283626

  • Date on Market: 26/06/2023

  • Last Updated:

  • Address: 876 W Main St, Spartanburg, SC 29301

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