Rare Redevelopment Opportunity 8 Retail Properties Offered at $8,950,000 in Spartanburg, SC

Rare Downtown Spartanburg Development Opportunity
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!