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    631 Union St Spartanburg, SC 29306

    For Lease
    $3 SF/Yr ($1,469 /Mo)

    600 SF Executive Office, Downtown Spartanburg

    Lot size:
    5,295 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 600-square-foot executive office space at 631 Union Street in Spartanburg, South Carolina, offers a prime location for businesses seeking high visibility and convenient access to downtown amenities. The property, part of a larger 5,295-square-foot building, is situated along Spartanburg's scenic Rail Trail, providing a unique and attractive amenity for employees and clients. Built in 1947 and extensively renovated in 2021, this single-tenant space boasts a modern aesthetic and includes a full bathroom. The space is ideal for a variety of professional uses, including executive offices, traditional offices, creative offices, or coworking arrangements. Its location on Union Street, a corridor undergoing significant revitalization and development, ensures high traffic and visibility for your business. The property is a single-story building with a total of 5,295 square feet, with 600 square feet currently available for lease. The property's location offers easy access to downtown Spartanburg and its vibrant business community. This is a rare opportunity to secure a premium office space in a rapidly developing area of Spartanburg. The property's APN is 7-12-16-110.00. This space is perfect for businesses seeking a modern, convenient, and highly visible location to establish or expand their operations.

    Property Features for 631 Union St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,295 SF
    Total Rate
    1469.36

    Building Details

    Year Built/Renovated
    1947/2021
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    600 SF
    Rate per SF
    $3

    HighLights

    • 600 SF executive office space in a renovated building.
    • Excellent downtown Spartanburg location with easy access to amenities.
    • Situated on Spartanburg's Rail Trail, offering unique employee/client amenity.
    • Recently renovated with a modern aesthetic and full bathroom.
    • High visibility on revitalized Union Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Light Building Event Venue Spotlight Books Book Store We Are The Light Landscape Lighting Designer

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.913175095138
    Latitude
    34.942176915137

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    FAQs

    What type of property is this?
    Coworking space - 600 SF Executive Office, Downtown Spartanburg
    Where is this coworking space located?
    The property is located at 631 Union St Spartanburg, SC.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 600 SF executive office space in a renovated building.; Excellent downtown Spartanburg location with easy access to amenities.; Situated on Spartanburg's Rail Trail, offering unique employee/client amenity.
    Request Owner's contact information
    631 Union St Spartanburg, SC 29306
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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
    631 Union St Spartanburg, SC 29306
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