prime location in rapidly developing area · 2017-09-21 · for more information, contact: prime...

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For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina 29609 For Sale Rakan Draz Associate Retail & Investment Services O 864.334.4145 F 843.725.7201 C 864.905.7635 [email protected] John Odom Senior Associate Retail & Investment Services O 864.334.4145 F 843.725.7201 C 864.979.2183 [email protected]

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Page 1: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

For More Information, Contact:

PRIME LOCATION IN RAPIDLY DEVELOPING AREA

125 W. Stone AvenueGreenville, South Carolina 29609

For Sale Rakan DrazAssociateRetail & Investment ServicesO 864.334.4145F 843.725.7201C [email protected]

John OdomSenior AssociateRetail & Investment ServicesO 864.334.4145F 843.725.7201C [email protected]

Page 2: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

125 W. Stone Avenue

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125 Stone Avenue is a great investment property opportunity for redevelopment and a space for professional service provid-ers looking to be close to downtown and the emerging Stone Avenue art and commerce corridor. Formerly an art gallery, it is currently being used as an office for an environmental engineering and consulting company. The building features a conference room with high ceilings, as well as office working space in a warm, inviting environment within walking distance of restaurants and new mixed use apartment development on Main Street and Stone Avenue. Storage space is available in the full basement.

The Area:Stone Avenue is currently undergoing a development renais-sance with new restaurants & urban apartment development. Once it intersects North Main, downtown Greenville is a short half mile away, with multiple opportunities for entertainment,

Offering Information

Tax MapAcresGLAZoningCountyMunicipalityParkingSale Price

Snapshot000900004001000.176 Acres+/- 2,450 sfOD (Office District)GreenvilleGreenville8 spaces on-site$324,500

Contact InformationAvison Young511 Rhett Street, Ste. 2BGreenville, South Carolina 29601O 864.334.4145 F 843.725.7201www.avisonyoung.com

Property Information

Rakan DrazAssociateC [email protected]

John OdomSenior AssociateC [email protected]

• Sale/Leaseback option available• Great corner lot with ample parking• Adjacent to Westone retail development as well as new

Westone Station Townhomes• Large basement with high ceilings which can be converted

to useable space• Qualifies for Facade Improvement Program

Property Highlights

Stone Avenue

Wilt

on R

oad

The information contained herein was obtained from sources believed reliable, however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. South Carolina, USA, Avison Young Offices are Owned and Operated by Avison Young - South Carolina, Inc.

Page 3: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

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125 W. Stone Avenue

The property is located in Downtown Greenville, 0.2 miles west of the Main Street and Stone Avenue intersection. If traveling west on Stone Avenue, the property will be located on the left side of the road.

GREENVILLE

GREER

The information contained herein was obtained from sources believed reliable, however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. South Carolina, USA, Avison Young Offices are Owned and Operated by Avison Young - South Carolina, Inc.

SITE

Page 4: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

125 W. Stone Avenue

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Property Photos

The information contained herein was obtained from sources believed reliable, however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. South Carolina, USA, Avison Young Offices are Owned and Operated by Avison Young - South Carolina, Inc.

Page 5: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

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125 W. Stone Avenue 1 Mile Radius - Area Demographics

The information contained herein was obtained from sources believed reliable, however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. South Carolina, USA, Avison Young Offices are Owned and Operated by Avison Young - South Carolina, Inc.

Page 6: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

125 W. Stone Avenue

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Local Happenings

WESTONE RETAIL WESTONE TOWNHOMES

"Initial redevelopment plans are emerging for a former dry clean-ers-turned-lawn-mower-repair store along Stone Avenue in Greenville to be converted into retail, restaurant and office space, including a second location of Coffee Underground. Developers Pete Brett and Michael Fletcher are under contract to purchase the 1-acre property at 109 W. Stone Ave., home to Battery and Electric Company, a small engine parts store, along with other businesses since the 1960s. BECO plans to move to a new, soon-to-be-an-nounced location. The property has historic significance, as it was also home to Star Cleaners, one of the first commercial buildings built on Stone Avenue..." -Upstate Business Journal, September 20, 2016

" Developers propose 78 town-home lots on Rocky Slope Road at Hollingsworth Park and 16 townhomes on West Stone Avenue in downtown Greenville, according to plans reviewed by city officials. The Neighborhood Design Panel of the city’s Design Review Board on Jan. 5 held informal reviews of the projects, which also must be reviewed by the city Planning Commission. Both projects received positive comments from panel members. Shouse Development Corp. plans three-bedroom townhomes on nearly nine acres on Rocky Slope. The preliminary landscape plan identifies the project as the Chel-sea Townhomes at Hollingsworth Park..."-Upstate Business Journal, January 10, 2017

HALF-MOON OUTFITTERS

"Half-Moon Outfitters, a regional chain of outdoors retail stores with headquarters in Charleston, has acquired a 14,000-square-foot building at 603 E. Stone Ave. as a new home for its Greenville store, which is currently locat-ed at 1437 Laurens Road. The Greenville store will move in late 2017 or 2018, the company said. Half-Moon Outfitters is in the final year of its lease at the shopping center near the intersection of Laurens and Pleasantburg roads. The retailer is currently found be-tween Luthi’s Outfitters and the Trek Bicycle Store in the shopping center, where it opened in 1994..."

-Upstate Business Journal, June 9, 2017

NORTHPOINTE

"Work on Lewis Plaza has been underway for going on two years now, and while the historic shopping center has now been fully renovated, one big vacancy — the spot for a long-planned upscale Harris Teeter grocery store — has remained... Mean-while, plans for a second store as part of the Northpointe project at the north end of downtown are on track despite a series of delays, the developer said. Construction should begin later this month on the triangular, 9-acre proper-ty across from Canal Insurance, which will begin with work to reconfigure the alignment of the incongruous intersection of Wade Hampton Boulevard, Church Street and Stone Avenue..."-Greenville News, April 10, 2017

The information contained herein was obtained from sources believed reliable, however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. South Carolina, USA, Avison Young Offices are Owned and Operated by Avison Young - South Carolina, Inc.

Page 7: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

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125 W. Stone Avenue Local Happenings

TROLLEY

"One of the city’s new trolleys would serve Augusta Street, Cleveland Park and the Greenville Zoo, while the other would serve the Village of West Greenville under routes unveiled by Green-link Monday afternoon. The city is buying and funding operation of two new trolleys. The trolleys, which are being paid for through hospitality tax revenue, must sup-port restaurants, retail, parks and leisure destinations outside the central business district by pro-viding tourists — and residents — transportation. The trolleys are free and will start at Falls Park. The first proposed route would serve The Village of West Greenville by traveling Pendleton Street to Brandon Mill..." -Greenville Journal, January 17, 2017

STONE AVE RETAIL

"As the first apartment renters moved into Main+Stone this past week, the mixed-use project at the corner of Main Street and Stone Avenue also announced new commercial tenants. The project is being developed by Charleston-based developer The Beach Company and has 20,900 square feet of retail space and 293 apartment homes. An-nounced previously, Two Chefs Café & Market will move from its current location in May from the Poinsett Building on Main Street to become the anchor tenant at Main+Stone, occupying 5,000 square feet..."

-Upstate Business Journal, April 4, 2016

BB&T TOWER

"Charleston developer The Beach Co. plans to turn a high-rise in downtown Greenville that is currently occupied by the BB&T bank into an apartment com-plex. The Beach Co. also plans to put a grocery, as well as houses and townhomes, on what are now parking lots used by BB&T across the street, said Dan Doyle, a senior vice president with the developer. It paid $10 million for the bulk of the development site in July and is scheduled to close on two more parcels, according to Doyle and Greenville County property records. The proposed mixed-use project on both sides of Buncombe Street near the Her-itage Green cultural complex..."

-Upstate Business Journal, September 10, 2017

STONE PIN

" On May 15, the long-awaited boutique bowling alley Stone Pin Company officially opens under the event space Revel at 304 E. Stone Ave. in Greenville. The opening was delayed from its original May 1 date because of construction hang-ups, but the space is now ready to rumble, co-owner Howard Dozier says. Dozier also owns Revel, Pour Lounge, and Comedy Zone... The space includes six lanes, three on each side with a full bar and lounge in the center. Bowlers can wait their turns while lounging on crescent-shaped faux-leather sectionals that are several notch-es above the usual hard plastic bowling chairs..."

-Upstate Business Journal, May 9, 2017

The information contained herein was obtained from sources believed reliable, however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. South Carolina, USA, Avison Young Offices are Owned and Operated by Avison Young - South Carolina, Inc.

Page 8: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

125 W. Stone Avenue

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Trolley Route

The information contained herein was obtained from sources believed reliable, however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. South Carolina, USA, Avison Young Offices are Owned and Operated by Avison Young - South Carolina, Inc.

Information courtesy of the City of Greenville

Page 9: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

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125 W. Stone AvenueTraffic Count Map125 W Stone Ave, Greenville, South Carolina, 29609 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 34.86187

Longitude: -82.39828

Source: ©2017 Kalibrate Technologies

September 20, 2017

©2017 Esri Page 1 of 1

Traffic Count Map125 W Stone Ave, Greenville, South Carolina, 29609 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 34.86187

Longitude: -82.39828

Source: ©2017 Kalibrate Technologies

September 20, 2017

©2017 Esri Page 1 of 1

Traffic Count Map125 W Stone Ave, Greenville, South Carolina, 29609 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 34.86187

Longitude: -82.39828

Source: ©2017 Kalibrate Technologies

September 20, 2017

©2017 Esri Page 1 of 1

Traffic Count Map125 W Stone Ave, Greenville, South Carolina, 29609 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 34.86187

Longitude: -82.39828

Source: ©2017 Kalibrate Technologies

September 20, 2017

©2017 Esri Page 1 of 1

Traffic Count Map

The information contained herein was obtained from sources believed reliable, however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. South Carolina, USA, Avison Young Offices are Owned and Operated by Avison Young - South Carolina, Inc.

Page 10: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

125 W. Stone Avenue

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Nearby Amenities

Buncombe Street

Ruth

erfo

rd S

tree

t

N. M

ain

Stre

et

Stone Avenue

HISTORIC EARLEDISTRICT

HERITAGE HISTORICDISTRICT

A D D I T I O N A L N E I G H B O R S

TWO CHEF'S CAFE & MARKETMEGAN DIEZ SALONSTONE PIN BOWLING

WESTONE DEVELOPMENTFUTURE HARRIS TEETER

FUTURE HALF-MOON OUTFITTERSUNIVERSAL JOINT

JI-ROZWE TOOK TO THE WOODS

ESCAPE ARTIST GREENVILLEand many more!

HAMMAckLAW FIRM

The information contained herein was obtained from sources believed reliable, however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. South Carolina, USA, Avison Young Offices are Owned and Operated by Avison Young - South Carolina, Inc.

SITE

Page 11: PRIME LOCATION IN RAPIDLY DEVELOPING AREA · 2017-09-21 · For More Information, Contact: PRIME LOCATION IN RAPIDLY DEVELOPING AREA 125 W. Stone Avenue Greenville, South Carolina

avisonyoung.com

Thank you.

511 Rhett St, Ste. 2BGreenville, South Carolina 29601O 864.334.4145 F 843.725.7201 Avison Young - South Carolina, Inc.