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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 and the single family home is currently leased.
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

Price $495,000
Price Per SF $66.89
Sale Type Investment
Property Type Flex
Building Class C
Lot Size 1.07 AC
Rentable Building Area 7,400 SF
No. Stories 1
Year Built 1962
Zoning Unzoned - unzoned

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl - 465
  • 1,380 SF
  • Flex
  • -
  • Now
  • 1st Fl - 467
  • 3,000 SF
  • Flex
  • -
  • Now
Space Size Space Use Build-Out Available
1st Fl - 465 1,380 SF Flex - Now
1st Fl - 467 3,000 SF Flex - Now

1st Fl - 465

Size
1,380 SF
Space Use
Flex
Build-Out
-
Available
Now

1st Fl - 467

Size
3,000 SF
Space Use
Flex
Build-Out
-
Available
Now
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
7-07-12-097.00
Land Assessment
$4,392
Improvements Assessment
$4,224
Total Assessment
$8,616
  • Listing ID: 37413377

  • Date on Market: 8/25/2025

  • Last Updated:

  • Address: 461-465 W Centennial St, Spartanburg, SC 29303

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