If you’ve been to downtown Greenville lately, no doubt you’ve seen the scaffolding and construction work at 233 N. Main St. Renovations to 23 existing apartments have been completed and exterior building painting and railing work is expected to be completed by the end of September.
Last year, Charlotte-based Lat Pursuer & Associates, a commercial real estate firm, purchased the two buildings that house the apartments along with offices and retail tenants, which include Jersey Mike’s, Beaded Frog, Greenville Glides, Pure on Main and Edward Jones.
The firm has also put about $25,000 into a 5,400-square-foot basement space that is available for rent and are looking for a low-impact tenant, which could be a restaurant, bar or yoga studio, said Justin Mueller, who has been overseeing the construction project for Lat Pursuer.
All apartments received interior renovations, which included vinyl plank flooring in the living areas and kitchen, new carpet in the bedrooms, new fixtures, new blinds and new stainless steel appliances. The apartments had not been renovated since they were first built in 1987. Even though the renovations came with an increase in rent, Mueller said they had a 68 percent retention rate and all units are leased with several people on a waiting list.
The company was going to rename the project Rivoli Flats after the former Rivoli Theater that occupied the space in 1925, but chose to keep it simple, going with North Main Flats instead.
The company plans to upgrade the storefronts, but there is not a timeline for that yet, Mueller said.
