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Society Hall 504 Rhett St 20,246 SF Office Building Greenville, SC 29601 $7,000,000 ($345.75/SF)
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Investment Highlights
- Society Hall is a 20,246-square-foot, two-story office in Greenville’s West End boasting a comprehensive renovation, new HVAC, and a new TPO roof.
- Within short walking distance to popular attractions such as Unity Park, Fluor Field, Falls Park on the Reedy, and the Swamp Rabbit Trail.
- Features exterior signage, seven dedicated parking spaces, heritage elements like exposed brick, an outdoor patio, a fitness center, and showers.
- Currently 100% occupied by multiple tenants, but up to 12,280 square feet of upcoming rollover can be vacated to accommodate a new owner/user.
- Uniquely positioned in a booming area as new destinations like the Trueline Music Venue and mixed-use development are poised to invigorate the node.
- One block off South Main Street, a vibrant corridor of establishments like New Realm Brewing Co., Matador Greenville, Otto Izakaya, and dozens more.
Executive Summary
Acquire a piece of valuable real estate offering immense flexibility for owner/users and investors alike in Greenville’s sought-after West End.
Society Hall, 504 Rhett Street, is an approximately 20,246-square-foot, two-story office building that stands out for its unique, contemporary architectural style and one-of-a-kind curb appeal. Society Hall was fully renovated in 2016, and the interior is now decked out with custom lighting, A/V setups, modern furniture, and more, which blend seamlessly with the building's original elements like exposed brick, characterful hardwood floors, and wood-paneled ceilings. New HVAC units were also installed in 2016, and a new TPO roof membrane was installed in 2014. Additional features include exterior signage, seven dedicated parking spaces, an outdoor patio, a fitness center, and on-site showers.
The building is currently fully occupied; however, a buyer could feasibly vacate up to 12,280 square feet to accommodate their occupancy. This affords buyers significant flexibility in developing their own leasing/occupancy strategy with an immediate income stream.
504 Rhett Street offers a premier location in the heart of Greenville’s West End, just one block from Fluor Field and a short walk to the shops, restaurants, and energy of South Main Street. Soon, the new Trueline Music Venue and mixed-use development will bring even more activity to Rhett Street, putting the office steps away from one of the city’s newest entertainment hubs.
Greenville’s downtown continues to earn national attention. Livability recently named it one of the Top 10 Best Downtowns in the US, and The New York Times praised it as “a national model for a pedestrian-friendly city center.” With wide sidewalks, outdoor plazas, and vibrant streetside dining, Downtown Greenville combines walkability, charm, and convenience, making it a place where businesses and people thrive.
Society Hall, 504 Rhett Street, is an approximately 20,246-square-foot, two-story office building that stands out for its unique, contemporary architectural style and one-of-a-kind curb appeal. Society Hall was fully renovated in 2016, and the interior is now decked out with custom lighting, A/V setups, modern furniture, and more, which blend seamlessly with the building's original elements like exposed brick, characterful hardwood floors, and wood-paneled ceilings. New HVAC units were also installed in 2016, and a new TPO roof membrane was installed in 2014. Additional features include exterior signage, seven dedicated parking spaces, an outdoor patio, a fitness center, and on-site showers.
The building is currently fully occupied; however, a buyer could feasibly vacate up to 12,280 square feet to accommodate their occupancy. This affords buyers significant flexibility in developing their own leasing/occupancy strategy with an immediate income stream.
504 Rhett Street offers a premier location in the heart of Greenville’s West End, just one block from Fluor Field and a short walk to the shops, restaurants, and energy of South Main Street. Soon, the new Trueline Music Venue and mixed-use development will bring even more activity to Rhett Street, putting the office steps away from one of the city’s newest entertainment hubs.
Greenville’s downtown continues to earn national attention. Livability recently named it one of the Top 10 Best Downtowns in the US, and The New York Times praised it as “a national model for a pedestrian-friendly city center.” With wide sidewalks, outdoor plazas, and vibrant streetside dining, Downtown Greenville combines walkability, charm, and convenience, making it a place where businesses and people thrive.
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Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
20,246 SF
Building Class
B
Year Built
2016
Price
$7,000,000
Price Per SF
$345.75
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,123 SF
Building FAR
1.26
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
S1
Parking
6 Spaces (0.3 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Fitness Center
- Signage
- Air Conditioning
Walk Score®
Very Walkable (76)
Bike Score®
Biker's Paradise (93)
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
9,943
79,164
158,693
2024 Population
13,617
90,102
174,998
Population Growth '20-'24
37.0%
13.8%
10.3%
2020 Households
5,169
33,227
67,167
2024 Households
7,095
38,105
74,299
Household Growth '20-'24
37.3%
14.7%
10.6%
Average Age
41
38
38
Median Household Income
$66,453
$51,599
$52,328
Daytime Employees
26,937
71,400
120,556
Total Businesses
2,983
9,736
15,584
College Degree + Higher
44%
36%
34%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Bex Cafe | Cafe | $ | 3 min walk |
| Viva Villa Mexican Grill | Grill | $ | 4 min walk |
| Purple International Bistro & Sushi | Japanese | $$$ | 4 min walk |
| Flying Biscuit Cafe | - | - | 6 min walk |
| Rick Erwin's West End Grille | Steakhouse | $$$$ | 6 min walk |
| Jack Brown's | - | - | 7 min walk |
| SnackWorks | Fast Food | $ | 8 min walk |
| Eggs Up Grill | - | - | 8 min walk |
| Mellow Mushroom | American | - | 9 min walk |
| Starbucks | Cafe | $ | 9 min walk |
Retail |
||
|---|---|---|
| Crossfit | Fitness | 2 min walk |
| Mainstream Boutique | Ladies' Apparel | 5 min walk |
| The YMCA | Fitness | 8 min walk |
| Lululemon | Unisex Apparel | 8 min walk |
| Great Clips | Salon/Barber/Spa | 13 min walk |
| Fleet Feet Sports | Shoe Repair | 14 min walk |
Hotels |
|
|---|---|
| Homewood Suites by Hilton |
151 rooms
3 min walk
|
| Westin |
200 rooms
14 min walk
|
| Courtyard |
135 rooms
12 min walk
|
| Hyatt Place |
130 rooms
15 min walk
|
| aloft Hotel |
144 rooms
15 min walk
|
| Autograph Collection |
187 rooms
12 min walk
|
Property Taxes
| Parcel Number | 0056.00-06-001.00 | Improvements Assessment | $118,410 |
| Land Assessment | $28,210 | Total Assessment | $146,620 |
Property Taxes
Parcel Number
0056.00-06-001.00
Land Assessment
$28,210
Improvements Assessment
$118,410
Total Assessment
$146,620
Sale Advisors
Sale Advisors
Bailey Tollison, Vice President
As a Brokerage Associate in the Greenville office, Bailey specializes in office leasing and sales, working on the office brokerage team alongside Brantley Anderson and Taylor Allen. His banking background provides a unique perspective to the team and their clients, who consist of local ownership entities, regional and national REITs and private equity entities.
The most rewarding part of his job is forming long-standing relationships with clients that don’t end after a transaction is complete. Their team’s dedication to helping our clients achieve their business goals creates meaningful relationships and repeat business.
The most rewarding part of his job is forming long-standing relationships with clients that don’t end after a transaction is complete. Their team’s dedication to helping our clients achieve their business goals creates meaningful relationships and repeat business.
Taylor Allen, Vice President
As a Vice President in the Greenville, SC office, Taylor specializes in office leasing and sales. His primary responsibility is to represent local ownership entities, private equity groups, and national REITs on their real estate portfolio in the Greenville-Spartanburg market, also known as the Upstate. Working through acquisitions, repositioning, leasing, and disposition, Taylor's team delivers innovative solutions to both landlords and tenants alike.
Taylor's strength lies in providing creative solutions to the firm’s clients, including landlords, tenants, and investors, by incorporating local expertise while leveraging the Colliers platform. Bringing value to every transaction is his goal, which he accomplishes through creativity and a strategic approach.
Taylor's strength lies in providing creative solutions to the firm’s clients, including landlords, tenants, and investors, by incorporating local expertise while leveraging the Colliers platform. Bringing value to every transaction is his goal, which he accomplishes through creativity and a strategic approach.
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Society Hall | 504 Rhett St
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