Contacts

John Bauknight

Roadstead Real Estate Advisors Upstate

Property Details

Property Type VacantLand
Lot Size 13 Acre
Additional Rent Contact for pricing
Date Updated Dec 10, 2024

This property is in a prime location for a multifamily investment. The area surrounding the property is brimming with potential and is situated right next to the brand new baseball stadium that is being built in downtown Spartanburg. With mill tax credits and a strategic position overlooking the baseball stadium and downtown, the site is ideal for a multifamily project. Nearby, esteemed educational institutions and major employers provide a strong foundation for growth. This dynamic setting presents an exciting opportunity for those looking to capitalize on the development and growth happening in Spartanburg.Situated in bustling downtown Spartanburg, this property presents a one of a kind investment opportunity. Former mill site with significant tax credits, the property is strategically positioned in downtown Spartanburg, making it a premier location for development. Additionally, it is in an Opportunity Zone (OZ), further enhancing its appeal for investors seeking to maximize tax advantages and spur economic development. With its one of a kind attributes and OZ designation, this property stands as an alluring prospect for those looking to make a strategic investment in the thriving Spartanburg area.

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Highlights

Recent Price Reduction: $5,500,000 Dirt Cost & $2,495,000 in Tax Credits
SC Textile Mill Credits available
Designated Opportunity Zone (OZ)
"Western Gateway" to downtown Spartanburg
Located along Rail Trail Extension
Adjacent to Fifth Third Bank Baseball Complex (Complete Spring of 2025)

Attachments

Brochure (L) (PDF) opens in new window

Getting around

70/100
Walk Score ®
51/100
Bike Score ®

Powered by Walk Score ®

City Spartanburg, SC
Neighborhood Grain District
Zip Code 29306
Market Greenville

Points of Interest

Spartanburg

0.47 miles

Tesla Destination Charger

0.15 miles
Eaton

0.34 miles
QuikTrip

0.36 miles
Southern Convenience Stores

0.36 miles
Hotspot

0.54 miles
Spinx

1.13 miles
Marathon

1.46 miles
Kangaroo Express

2.28 miles
Ingles Gas Express

2.58 miles
Amoco

2.62 miles

RedSail Parking Lot

0.21 miles
City Hall Parking Lot

0.30 miles
Magnolia Street Garage

0.35 miles
County Courthouse Garage

0.39 miles
Library Parking

0.45 miles
Dunbar Street Garage

0.45 miles
Kennedy Street Garage

0.51 miles
St. John Street Garage

0.52 miles
Auditorium Parking

0.70 miles
RSRCFTA Lot

0.77 miles

AC Hotel Spartanburg

0.14 miles
Marriott

0.55 miles
The Inn on Main

0.77 miles
Comfort Inn

3.18 miles
Holiday Inn

3.20 miles
Sonesta Select Spartanburg

3.21 miles
HomeTowne Studios

3.24 miles
ECHO Suites Spartanburg

3.24 miles
Econo Lodge Inn & Suites

3.27 miles
Holiday Inn Express & Suites

3.35 miles

Piggly Wiggly

0.73 miles
Sunny's Market

1.28 miles
Food Lion

1.48 miles
Big Lots

1.67 miles
Wise Buys Discount Groceries

1.87 miles
The Fresh Market

2.34 miles
S&A Discount Grocery

2.36 miles
Burlington

2.46 miles
ALDI

2.54 miles
Ingles

2.59 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.