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Historic Mill Redevelopment Opportunity
For Sale
$11,000,000

129 Monarch Highway, Union, SC 29379

700,000 sq ft industrial space on 17 acres.

Property Size700,000 SF
Lot Size17.00 Acres
Price / SF$15.71
Days on Market232

Property Features for 129 Monarch Highway

General Information

Standard status Active
Size 700,000 SF
Lot size 17.00 Acres
Property subtype Commercial

Building Details

Building Size 700,000 SF
Year Built 1910
Stories 3
Listing Agency: Keller Williams Connected
Listed By: Ola van Zyl · License #125343
Source: Techrealtyllc
Added: Jan 3 Changed: Aug 23 Last Checked: Aug 22 at 5:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Connected

Investment Insights

Based on property information with market context.

This historic Monarch Mill building offers an industrial or redevelopment opportunity with seller financing. The property features 700,000 sq ft of usable, well-maintained space on over 17 acres. Strategically located between Charlotte, Greenville, and Columbia, it offers logistic advantages. The expansive footprint allows for various potential applications, including manufacturing, warehousing, or mixed-use developments that blend residential, commercial, and recreational spaces. The building's infrastructure features modern utilities, high-capacity loading docks, and flexible floor plans. The acreage provides ample parking, outdoor storage, and the possibility for further expansion. Proximity to major highways facilitates quick access to key markets in the Southeast. The site is positioned for attracting a wide range of tenants or buyers. This property presents an opportunity for developers to transform this property into a landmark destination. A land lease is in place for 7 acres at $150,000 per year. Various tax credits and incentives may be available, including Textile Revitalization Credits, Historic Preservation Tax Incentives, Baileys Bill Union SC, Federal Income Tax Credit for Low Income Housing, and State Historic Rehabilitation Tax Credit.

Key Highlights

  • Seller financing available
  • 700,000 sq ft of usable, well‑maintained space on 17 acres**
  • Strategic location between Charlotte, Greenville, and Columbia with easy access to major highways

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Restaurant Law Firm Auto Repair Shop Auto Parts Store Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 29379, SC

18,068
Population
9,010
Households
2
Avg Household Size
44
Median Age
13%
College-Educated
82%
High-School Grad
242.7 sq mi
ZIP Area
74
Density / Sq Mi
$40,178
Median Household Income
$35,670
Median Earnings
$789
Median Rent
$103,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - 700,000 sq ft industrial space on 17 acres.
Where is this industrial property located?
The property is located at 129 Monarch Highway Union, SC.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Seller financing available; 700,000 sq ft of usable, well‑maintained space on 17 acres**; Strategic location between Charlotte, Greenville, and Columbia with easy access to major highways
More about this property
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