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Reduced Price | FMR Bank Reposition 1035 Fernwood Glendale Rd 2,216 SF 32% Leased Retail Building Spartanburg, SC 29307 $1,600,000 ($722.02/SF)
Investment Highlights
- Prime Location | Just off the signalized intersection of Fernwood Glendale Rd & E Main St (US-29) with excellent visibility and traffic exposure
- High-Traffic Corridor | E Main St (US-29) serves as a primary commuter and retail artery connecting downtown Spartanburg to residential suburbs
- Affluent & Dense Trade Area | More than 5,200 residents and an average household income exceeding $80,000 within one mile
- Hillcrest Shopping District | Direct adjacency to Publix-anchored center and established neighborhood retail corridor
- Flexible Use Potential | Former bank building adaptable for service, professional office, or retail conversion | Asset ready for quick repositioning
- Strong Market Fundamentals | Surrounding retail mix of restaurants, neighborhood centers, and mixed-use developments driving foot and vehicle traffic
Executive Summary
FOR SALE OR LEASE
SVN | Second Story is pleased to present 1035 Fernwood Glendale Road, a vacant former bank building positioned just off the signalized intersection of Fernwood Glendale Road and E Main Street (US-29) in Spartanburg, South Carolina. The property sits directly adjacent to the Hillcrest Market Place, anchored by a full-service Publix supermarket, and benefits from exceptional visibility, strong daily traffic counts, and convenient access to surrounding neighborhoods.
Located along one of Spartanburg’s primary commuter and retail corridors, this asset is ideally suited for service, office, or retail reuse. The surrounding trade area features a dense and affluent residential base and a robust mix of retail, dining, and neighborhood services, contributing to steady activity throughout the day. This offering represents a rare opportunity to reposition a versatile building within a high-demand submarket characterized by consistent growth and established consumer traffic.
SVN | Second Story is pleased to present 1035 Fernwood Glendale Road, a vacant former bank building positioned just off the signalized intersection of Fernwood Glendale Road and E Main Street (US-29) in Spartanburg, South Carolina. The property sits directly adjacent to the Hillcrest Market Place, anchored by a full-service Publix supermarket, and benefits from exceptional visibility, strong daily traffic counts, and convenient access to surrounding neighborhoods.
Located along one of Spartanburg’s primary commuter and retail corridors, this asset is ideally suited for service, office, or retail reuse. The surrounding trade area features a dense and affluent residential base and a robust mix of retail, dining, and neighborhood services, contributing to steady activity throughout the day. This offering represents a rare opportunity to reposition a versatile building within a high-demand submarket characterized by consistent growth and established consumer traffic.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,216 SF
Building Class
B
Year Built
1975
Price
$1,600,000
Price Per SF
$722.02
Percent Leased
32%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
1.21 AC
Zoning
GC - General commercial
Frontage
198’ on Fernwood Glendale Rd
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,500 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,500 SF | Retail | - | Now |
1st Floor
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7-09-14-102.00 | Improvements Assessment | $17,562 |
| Land Assessment | $16,938 | Total Assessment | $34,500 |
Property Taxes
Parcel Number
7-09-14-102.00
Land Assessment
$16,938
Improvements Assessment
$17,562
Total Assessment
$34,500
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Reduced Price | FMR Bank Reposition | 1035 Fernwood Glendale Rd
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