- For Sale $7,995,000
- Property Type VacantLand
- Lot Size 13 Acre
- Date Updated Jun 11, 2026
Description
This property is in a prime location for a multifamily investment. The area surrounding the property is brimming with potential and is situated right next to the brand new baseball stadium that is being built in downtown Spartanburg. With mill tax credits and a strategic position overlooking the baseball stadium and downtown, the site is ideal for a multifamily project. Nearby, esteemed educational institutions and major employers provide a strong foundation for growth. This dynamic setting presents an exciting opportunity for those looking to capitalize on the development and growth happening in Spartanburg.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.
Highlights
- "Western Gateway" to downtown Spartanburg
- Adjacent to Fifth Third Bank Baseball Complex (Complete Spring of 2025)
- Designated Opportunity Zone (OZ)
- Located along Rail Trail Extension
- Recent Price Reduction: $5,500,000 Dirt Cost & $2,495,000 in Tax Credits
- SC Textile Mill Credits available
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Contacts
John Bauknight
Roadstead Real Estate Advisors Upstate
Location
Located at 277 West Main Street, Spartanburg, SC 29306, this property is part of the Grain District neighborhood and Greenville market.
Contact Listing Broker
John Bauknight
Roadstead Real Estate Advisors Upstate