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For Sale

Old Easley Mill - Redevelopment Opportunity

104-126 Cumberland Ave & 516-518 W Main St,
Easley, SC 29640

Asset Snapshot

6.90 Acres
Land Area

Offering Summary

Investment Overview

Aline Capital is pleased to offer for sale this rare redevelopment opportunity in downtown Easley, SC. The Old Easley Mill, located along Cumberland Ave. and right off Main St., consists of three warehouse buildings totaling ±52,000 SF. The entire site is comprised of 8 separate parcels, with a combined total of ±6.90 acres. Three of these parcels, across the road from the main site, provide the opportunity for an access road, connecting Main St to Cumberland Ave. as well as additional parking for the future venue. The property boasts an Opportunity Zone status, and the Seller has already applied and received approval for Textile Tax Credits, in which are transferable to the Buyer. Another key feature is that the site is conveniently positioned half a mile from the popular Doodle-Trail that connects the City of Pickens to the City of Easley. An exciting element to this project is the potential to extend the Doodle-Trail to tie into the property and run along Cumberland Ave, in which the City has expressed interest in. This prime old mill redevelopment project presents an exceptional opportunity for a developer seeking a city changing project; such as the Silos of Easley or The Commons in Greenville, in a fast-growing area of the Upstate that’s in high demand for new restaurants, breweries, and family gathering venues.


Investment Highlights

  • Textile Tax Credits Transferrable to Buyer
  • New Roofs on Each Building and Structural Repairs Made
  • All Utilities Onsite
  • Clean Phase 2 Environmental
  • Ample Room for Parking and Outdoor Event Space
  • Potential for Doodle Trail tie-in
  • Property includes three residential parcels to connect to Main St
  • Demand for new restaurants and event space in Easley
  • 20,100 VPD on W. Main St
  • Opportunity Zone
  • Recently rezoned to General Commercial (GC)

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Listing Syndicated From

Buildout
For Sale
$1,750,000
Asking Price