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    1206 Union St Spartanburg, SC 29302

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    For Lease
    $2,800,000

    Retail space in shopping center near downtown Spartanburg.

    Property size:
    4,000 SF
    Lot size:
    1.76 Acres

    Property Features for 1206 Union St

    General Information

    Size
    4,000 SF
    Lot size
    1.76 Acres

    Source: Reedy Commercial Agent Carl Hocker Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Spartanburg Center

    This 4,000-square-foot retail space is located within a shopping center that includes a grocery store and an ice machine company. The location benefits from high traffic counts, exceeding 17,000 vehicles per day, and is situated at a signalized intersection. Ample parking is available. A rail trail is located across the street. The property is less than 5 minutes from downtown Spartanburg and a new baseball stadium. A $40+ million development is planned across the street, featuring a 174-unit apartment complex and additional retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.8990256
    Latitude
    34.9329178

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    FAQs

    What type of property is this?
    Shopping center - Retail space in shopping center near downtown Spartanburg.
    Where is this shopping center located?
    The property is located at 1206 Union St Spartanburg, SC.
    What are key features of this property?
    This property features: - Prime location at a signalized intersection.; - $40+ Million Development across the street with **174-Unit Apartment Complex and Retail.**; - High traffic count with more than 17,000 VPD.
    (864) 568-5102
    Request Owner's contact information
    1206 Union St Spartanburg, SC 29302
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    Spartanburg, SC 29302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1206 Union St Spartanburg, SC 29302
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