127-163 E Main St Spartanburg, SC 29306
- Retail residential properties
Current Use by Public Records
- Retail residential properties
Property Details for 127-163 E Main St
- Year built
- 1900
- Property type
- Retail residential properties
- Property subtype
- Retail properties
Description
This prime investment opportunity comprises eight parcels spanning ±1.43 acres, located just ±1 block from Morgan Square, the new City Hall, and the planetarium, and less than 4 blocks from the new Minor League Baseball Stadium. With ±315 linear feet of frontage on E Main Street and E Broad Street, this site offers unparalleled visibility and accessibility in the heart of Spartanburg's thriving downtown. Key Highlights: Approved for Density: The city supports a dense mixed-use development, with the design board already approving initial plans for a 9-story project. This included: - 2 stories of commercial space - 200+ residential units - An onsite parking structure Advanced Design Work: Significant architectural design, preconstruction, and state and local incentive work have been completed, saving time and resources. Flexible Options: The M Peters Group has additional designs available, offering flexibility for parking, commercial use, and over 200 apartment units. Due Diligence Ready: Comprehensive due diligence documents, including Phase I Environmental Site Assessments, Geotechnical Reports, Asbestos Surveys, and other documents, are available upon request. This development-ready property combines proximity to Spartanburg’s key attractions with a forward-thinking plan, ensuring strong investor potential in this rapidly growing city. Don't miss the chance to bring your vision to life in Spartanburg's vibrant downtown core. Contact us today for more information and due diligence documents! Location Description 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 ±315 linear feet of frontage on E Main Street and E Broad Street
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- State
- South Carolina
- Longitude
- -81.8392
- Latitude
- 34.9919
