322 W South St Union, SC 29379

Located in Union, SC, the property at 322 West South Street presents a 127,000 SF building suitable for adaptive reutilization. Originally built in 1921, this multi-purpose property is zoned for exempt, workforce/student housing, special purpose, adaptive reuse, office, residential, and institutional use, offering diverse possibilities for specialty investors. The property is located in a Tier Four Incentives County near the growing Greenville/Spartanburg area. This property is an opportunity for a hospital conversion to workforce, USC students, and senior housing. The property includes 246 parking spaces and is adjacent to a new baseball field serving University of South Carolina students. The existing structure features offices, floor plans, an industrial-level kitchen and cafeteria, conference rooms, and areas for coffee shops, study areas, and retail spaces. It is located in the center of town, near the University of South Carolina Union Campus, addressing a need for student housing. A significant workforce housing need can also be served here, with ample on-site parking. The City of Union and Union County offer incentives to reduce the tax burden and encourage growth. County incentives are determined on a case-by-case basis, with additional potential tax incentives for projects that address community gaps. The property is close to the I-77 Corridor and Charlotte, and 23 minutes from Interstate I-26. The property has all the components of a Hospital, poised for change to serve Workforce Housing and Student Housing that are currently not adequately served.