Spartanburg Mixed-Use Development
For Sale
$8,950,000
127-163 E Main St, Spartanburg, SC 29306
7 Retail Properties Rare Downtown Spartanburg Development Opportunity
Property Size8,256 SF
Lot Size0.19 Acres
Price / SF$1,084
Days on Market586
Property Features for 127-163 E Main St
General Information
Standard status
Active
Property type
Retail residential properties, Other retail properties, Individual retail properties, Mixed-use properties, Retail properties & Spaces
Size
8,256 SF
Class
C
Elevators
N/A
Lot size
0.19 Acres
Building Details
Year Built
1900
Listing Agency:
(864) 680-5984
Listed By:
Alex
(864) 680-5984
Added: Jan 21, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located in downtown Spartanburg, South Carolina, this investment opportunity includes eight parcels totaling approximately 1.43 acres. The property features approximately 315 linear feet of frontage on East Main and East Broad Streets. The site is approved for a dense mixed-use development, with initial plans approved for a nine-story building. The building encompasses two levels of commercial space and over 200 residential units, with an on-site parking structure. Additional design options are available, offering flexibility for parking configurations, commercial space allocation, and residential unit counts exceeding 200. The location is less than one block from Morgan Square, the new City Hall, and the planetarium, and under four blocks from the new Minor League Baseball Stadium. The total building size is 8,256 square feet. Pre-construction work, including architectural design and securing state and local incentives, has already been completed.
Key Highlights
- Eight parcels situated on ±1.43 Acres
- ±1 block from Morgan Sq., New City Hall, and Planetarium.
- Less than 4 blocks from New Minor League Baseball Stadium
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 29306, SC
16,822
Population
7,618
Households
2.2
Avg Household Size
36
Median Age
21%
College-Educated
83%
High-School Grad
19.5 sq mi
ZIP Area
863
Density / Sq Mi
$38,858
Median Household Income
$30,629
Median Earnings
$913
Median Rent
$159,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail residential property - 7 Retail Properties Rare Downtown Spartanburg Development Opportunity
Where is this retail residential property located?
The property is located at 127-163 E Main St Spartanburg, SC.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: Eight parcels situated on ±1.43 Acres; ±1 block from Morgan Sq., New City Hall, and Planetarium.; Less than 4 blocks from New Minor League Baseball Stadium
