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461-465 W Centennial St 7,400 SF 41% Leased Flex 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 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.
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 | Lot Size | 1.07 AC |
| Price Per SF | $66.89 | Rentable Building Area | 7,400 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Flex | Year Built | 1962 |
| Building Class | C | ||
| Zoning | Unzoned - unzoned | ||
| 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 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
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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