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115 Southport Rd
Spartanburg, SC 29306

$620,000 USD

Medical Condos For Sale  •  1,980 SF

Property Details

  • Property Type Medical
  • Total Building Size 3,930 SF
  • Lot Size 0.08 AC
  • Building Class B
  • Year Built 2006
  • Tenancy Multiple
  • Zoning Unzoned
0 Transit Score
45 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit C Medical Office 1,980 SF $620,000 USD
  • Unit Size: 1,980 SF
  • Condo Use: Medical Office
  • Price: $620,000 USD
  • Sale Type: Investment
  • Price/SF: $313.13 USD
Description
Units: C & D Size: ±1,980 SF per unit
None. Both units are fully leased.

1st Floor - Unit D Medical Office 1,980 SF $620,000 USD
  • Unit Size: 1,980 SF
  • Condo Use: Medical Office
  • Price: $620,000 USD
  • Sale Type: Investment
  • Price/SF: $313.13 USD
Description
Units: C & D Size: ±1,980 SF per unit
None. Both units are fully leased.

Description

115 Southport Road offers a rare chance to acquire two fully leased office condominiums in a well-established professional office park. Positioned prominently along Southport Road, these front-row units provide excellent visibility and accessibility, making them highly desirable for tenants and investors alike. Each unit spans approximately 1,980 square feet and is occupied by stable local businesses, ensuring consistent rental income and minimal turnover.

This investment delivers a strong 7% cap rate and includes professional third-party management overseeing all common areas, reducing operational responsibilities for ownership. Located just minutes from downtown Spartanburg, the property benefits from proximity to major business hubs, retail centers, and regional thoroughfares, enhancing its long-term value proposition.

Spartanburg’s economic growth, coupled with its expanding professional services sector, positions this asset as an attractive addition to any portfolio. With established tenants, low vacancy risk, and a strategic location in a thriving market, 115 Southport Road represents a secure and profitable investment opportunity.

Highlights

Two fully leased office condominiums in a professional park.
Prime frontage along Southport Road for maximum visibility.
Strong 7% cap rate with stable local tenants.
Third-party management ensures hassle-free ownership.
Minutes from downtown Spartanburg and major business corridors.

Property Flyers

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
8 min - 3.7 mi
AirportDriveWalkDistance
Greenville Spartanburg International 28 min - 18.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Michael Tanbonliong 864-357-1136 Spencer Hines Properties
Michael Tanbonliong 864-357-1136 Spencer Hines Properties