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820 Wo Ezell Blvd 2,640 SF Retail Building Spartanburg, SC 29301 $1,116,736 CAD ($423.01 CAD/SF) 8.44% Cap Rate


INVESTMENT HIGHLIGHTS
- The property has a daily average traffic count of around 14,000+ vehicles; offering strong potential for retail or office users seeking exposure
EXECUTIVE SUMMARY
FOR SALE BY OWNER.
Ann's Wigs was established in 1984 in the downtown area of Spartanburg. The business has an established 41 years in business in the Spartanburg Metro area. The business has an inventory of $20,000 of wigs, beauty supplies, and women's wear. 900 SF of storage available as well.
Business Value Included.
Ann's Wigs was established in 1984 in the downtown area of Spartanburg. The business has an established 41 years in business in the Spartanburg Metro area. The business has an inventory of $20,000 of wigs, beauty supplies, and women's wear. 900 SF of storage available as well.
Business Value Included.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,640 SF
Building Class
C
Year Built/Renovated
1978/2021
Price
$1,116,736 CAD
Price Per SF
$423.01 CAD
Cap Rate
8.44%
NOI
$94,225 CAD
Business Value
$279,184 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.84 AC
Opportunity Zone
Yes
Zoning
retail - Retail
Parking
27 Spaces (10.23 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Security System
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
ABOUT 820 WO EZELL BLVD , SPARTANBURG, SC 29301
820 WO Ezell Blvd is the new address for this property when the owner closed in 2007. The property has 2640 sq ft of finished retail space and 945 sq ft of unfinished space available in the 2nd story of the building. The 945 sq ft could be finished for more retail or office space to add value. The property use to be a restaurant so it has 3 phase electrical. The new roof was installed in 2021. The property was remodeled down to the studs, sheet rock, flooring, and 50% of the electrical in 2021. The property has 27 parking spaces allocated for the property.
PROPERTY TAXES
| Parcel Number | 7-11-16-109.00 | Improvements Assessment | $16,355 CAD |
| Land Assessment | $4,310 CAD | Total Assessment | $20,665 CAD |
PROPERTY TAXES
Parcel Number
7-11-16-109.00
Land Assessment
$4,310 CAD
Improvements Assessment
$16,355 CAD
Total Assessment
$20,665 CAD
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Ann’s Wigs
820 Wo Ezell Blvd
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