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Offering Summary
Brokered by Charter Realty and powered by RealINSIGHT Marketplace, 602 Old North Main St is a 6.23-acre entitled redevelopment site on the former Clover Mills Company textile mill in Clover, SC, offered via auction. Rezoned to Planned Development District under Ordinance 22-03 and revised in Nov-2023, the site carries approvals for 57 residential units across 48 townhome lots, 3 single-family lots and 3 duplex lots, plus a ~1-acre outparcel for commercial, retail or office use. Clover Mills West holds a final plat recorded Nov-22-2023 creating 9 shovel-ready lots, while Clover Mills East is covered by a Colliers Engineering preliminary plat and site plan with 144 parking spaces. The mill history drives the economics: counsel has concluded the site qualifies under the South Carolina Textile Communities Revitalization Act, and an Aug-2025 distressed area confirmation extends the credit to the full acreage. The credit equals 25% of qualified rehabilitation costs, transfers to a purchaser and is estimated at $3 million to $5 million, subject to a buyer's final budget. An executed SCDHEC Voluntary Cleanup Contract provides non-responsible party protections, and the site is Brownfields-eligible. The site sits in the Charlotte-Concord-Gastonia MSA a short walk from downtown Clover, a town that grew 31% between 2010 and 2020 as York County reached an estimated 306,887 residents.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.