606 Augusta St - Redevlopment Opportunity
0.61 Acres of Commercial Land Offered at $2,150,000 in Greenville, SC 29605
INVESTMENT HIGHLIGHTS
- Located in Downtown Greenville, SC within the general West End District
- .606 Acres
- Zoning - MX-2
- Frontage on Augusta Street (100 feet), Dunbar Street (300 feet) and Burns Street (80 feet)
- 100% leased through January 2025
EXECUTIVE SUMMARY
The subject property is improved with a converted residential style structure that is occupied by an emergency safe house shelter. The owner will sale and leaseback through July 2025. Based on the underlying land values, the market value as vacant, less demolition, exceeds the value of the site as improved.
**All showings are by appointment only with prequalification and a seventy-two hour notice.**
**All showings are by appointment only with prequalification and a seventy-two hour notice.**
PROPERTY FACTS
| Price | $2,150,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Sale Leaseback |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.61 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $2,150,000 |
| Price Per AC | $3,524,590.16 |
| Lot Size | 0.61 AC |
The corner site has frontage on Augusta Street (100 feet) and Dunbar(300 feet)Street and Burns Street (80 feet). The site is within the city limits of Greenville, South Carolina.
DESCRIPTION
Hard corner site that fronts Augusta Street (100'), Dunbar Street (300') and Burns Street (80'). All showing must be scheduled as the site operates as a shelter. The owner has built a new facility and will relocate in July of 2025. Owner is agreeable to a sale-leaseback.
1 of 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 0095.00-01-002.00 | Improvements Assessment | $112,880 |
| Land Assessment | $141,770 | Total Assessment | $254,650 |
ZONING
| Zoning Code | MX-2 (Mixed Use 2 - City of Greenville. Highest and Best use: Redevelopment) |
