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$250,000 -$9,000 (-3.47%) Price Reduced
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Property Description
Income producing Central Business District property in downtown Lyman, SC with retail tenant already in place AND unfinished 1000+ sf residential living space with separate street-front entrance. Retail property features storefront showroom with great visibility and addition flex-space for office, storage, or retail expansion. Strong location with steady traffic and long-term growth potential in and emerging Lyman market. With an existing lease in place, strong street presence, and functional layout, this property presents a solid opportunity for investors seeking steady income with future upside in a growing Upstate market. Front door is within walking distance to Restaurants, Salons, Retail, and Grocery Stores.
Full Property Details
Full Property Details for 54 Groce Rd
General
- Price: $250,000
- Taxes: $1,242
- Status: Active
- Type: Retail
- Source: 2257
- MLS ID: 1589826
- Updated: 4/29/2026
- Added to Site: Today
Business
- Business Type: Professional/Office, Other, Mixed, Retail
Rental Information
- Lease Info: Other/See Remarks
- Rent Includes: Insurance, Parking, Taxes
Interior
- Flooring: Concrete Slab/Grade, Wood
Additional Information
- Other Features: Inside Storage, Presently Leased
Parking
- Parking Features: Unassigned
Location
- Area: 14
- County: Spartanburg
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Forced Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick Veneer, Frame, Brick
- Roof: Built-Up, Wood Deck, Wood Rafters
- Property Condition: 50
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Lot Dimensions: 29 x 100 x 23 x 116
- Frontage: City Street
- Topography: Level
Financial Considerations
- Tax Amount: $1,242
- Terms: None
Disclosures and Reports
- Documents Avail.: Other/See Remarks, Aerial Photo
- Property ID: 51511102
Listed by Realty One Group Freedom
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Schools
Schools serving 54 Groce Rd
School District:Spartanburg School District 5
| Name | Grades | Distance |
|---|---|---|
Duncan Elementary School 100 South Danzler Road, Duncan, SC 29334 | PK-4 | 1.4 mi |
James Byrnes Freshman Academy 100 Rowe Street, Duncan, SC 29334 | 9- | 1.5 mi |
D. R. Hill Middle School 1303 Holly Springs Road, Lyman, SC 29365 | 7-8 | 3.1 mi |
James F. Byrnes High School 150 East Main Street, Duncan, SC 29334 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 54 Groce Rd
Date
Details
Price
Change
Source
4/29/2026
Price Reduced
$250,000
-3.47%
MLS
4/28/2026
Listed
$259,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 54 Groce Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,242
—
$3,047
—
2024
$1,242
—
$3,047
—
2023
$1,243
6%
$3,047
9%
2022
$1,177
—
$2,783
—
2021
$1,177
1%
$2,783
-94%
2019
$1,170
2%
$46,386
—
2018
$1,150
17%
$46,386
15%
2017
$982
1%
$40,336
3%
2016
$970
1%
$39,129
—
2014
$965
3%
$39,129
1612%
2013
$935
—
$2,285
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 54 Groce Rd
54 Groce Road, Lyman, SC 29365 (MLS# 1589826) is a Retail property with 0 bedrooms and 0 full bathrooms. 54 Groce Road is currently listed for $250,000 and was received on April 28, 2026. Want to learn more about 54 Groce Road? Do you have questions about finding other Retail real estate for sale in Lyman? You can browse all Lyman real estate or contact a Coldwell Banker agent to request more information.

