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277 W Main St
Spartanburg, SC 29306

Land For Sale · 12.70 AC

Investment Highlights

  • SC Textile Mill Credits available.
  • Located along Rail Trail Extension.
  • "Western Gateway" to downtown Spartanburg.
  • Adjacent to Fifth Third Bank Baseball Complex (Complete Spring of 2025)

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 12.70 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $8,500,000
Price Per AC $669,291
Lot Size 12.70 AC

Parcel break down: A) .47 B) 1.97 C) 4.29 D) 5.97-(owned By the city)

Description

Situated in bustling downtown Spartanburg, this property presents a one of a kind investment opportunity. Former mill site with significant tax credits, the property is strategically positioned in downtown Spartanburg, making it a premier location for development. Additionally, it is in an Opportunity Zone (OZ), further enhancing its appeal for investors seeking to maximize tax advantages and spur economic development. With its one of a kind attributes and OZ designation, this property stands as an alluring prospect for those looking to make a strategic investment in the thriving Spartanburg area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7-12-13-305.00
  • 7-12-14-002.00
  • 7-12-13-303.00
  • 7-12-13-305.01
Land Assessment
$100,244
Improvements Assessment
$8,398
Total Assessment
$108,642

zoning

Zoning Code OZ (Opportunity Zone)
OZ (Opportunity Zone)
  • Listing ID: 31576241

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: 277 W Main St, Spartanburg, SC 29306

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