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461-465 W Centennial St 7,400 SF 41% Leased Retail Building Spartanburg, SC 29303 $495,000 ($66.89/SF)
INVESTMENT HIGHLIGHTS
- Located near Downtown Spartanburg and Asheville Highway.
- Includes a single-family home with month-to-month tenancy.
- Easy access to Business 85 and surrounding commercial corridors.
- Three-unit commercial building with one unit leased.
- Front parking for 10 vehicles plus additional rear land.
- Ideal for owner-users, investors, or multi-tenant leasing.
EXECUTIVE SUMMARY
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 is leased and adds a residential income stream.
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 is leased and adds a residential income stream.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,400 SF
Building Class
C
Year Built
1962
Price
$495,000
Price Per SF
$66.89
Percent Leased
41%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.07 AC
Zoning
Unzoned - unzoned
Parking
10 Spaces (1.35 Spaces per 1,000 SF Leased)
Frontage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 465
- 1,380 SF
- Retail
- -
- Now
- 467
- 3,000 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 465 | 1,380 SF | Retail | - | Now |
| 467 | 3,000 SF | Retail | - | Now |
465
| Size |
| 1,380 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
467
| Size |
| 3,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7-07-12-097.00 | Improvements Assessment | $4,224 |
| Land Assessment | $4,392 | Total Assessment | $8,616 |
PROPERTY TAXES
Parcel Number
7-07-12-097.00
Land Assessment
$4,392
Improvements Assessment
$4,224
Total Assessment
$8,616
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461-465 W Centennial St
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