876 W Main St 29301 | 876 W Main St
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876 W Main St 29301 876 W Main St
19,635 SF 29% Leased Industrial Building Spartanburg, SC 29301 $1,185,000 ($60/SF)
Investment Highlights
- multi use,
Executive Summary
Great industrial building separated inside to accommodate multiple leases to include warehouse, work stations, and offices for many types of businesses. Total income $9000 per month with a potential for an additional $6000 in rent or to occupy the remaining space for yourself! New roof, updated offices, bathrooms, and convenient downtown location only enhances the property to be in high demand for years to come Fire and sprinkler system approved by the city. Driveway modified to allow delivery trucks to circle in and out easily. City is currently repaving roads and preparing for economic expansion in the area!!
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$108,000
|
$5.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$108,000
|
$5.50
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $5.50 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $108,000 |
| Annual Per SF | $5.50 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Fenced Lot
- Front Loading
- Storage Space
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 7-11-16-005.00 | Improvements Assessment | $2,160 |
| Land Assessment | $1,380 | Total Assessment | $3,540 |
PROPERTY TAXES
Parcel Number
7-11-16-005.00
Land Assessment
$1,380
Improvements Assessment
$2,160
Total Assessment
$3,540
zoning
| Zoning Code | 6RGC (General Commercial) |
| 6RGC (General Commercial) |
Contacts
-
Jeremy McPeters -
Elledge Willis -
Lee & Associates Commercial Real Estate Service
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876 W Main St 29301 | 876 W Main St
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