872 W Main St 5,000 SF Industrial Building Spartanburg, SC 29301 $565,000 ($113/SF) 10.09% Cap Rate
EXECUTIVE SUMMARY
3 years contract to an automotive business. A lot of renovations have been done to this space including a new facade, security, and also includes three separate yards.
PROPERTY FACTS
| Price | $565,000 |
| Price Per SF | $113 |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.09% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.97 AC |
| Rentable Building Area | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1946 |
| Tenancy | Single |
| Parking Ratio | 4/1,000 SF |
| Opportunity Zone |
Yes |
AMENITIES
- Air Conditioning
1 of 1
PROPERTY TAXES
| Parcel Number | 7-11-16-006.00 | Improvements Assessment | $156 |
| Land Assessment | $1,500 | Total Assessment | $1,656 |
ZONING
| Zoning Code | Commercial (Commercial versatile space remodeled more information to come) |
CONTACT
-
Viktor Upstate - Upstate Square LLC
