277 West Main Street, Spartanburg, SC for sale

Investment Overview

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.

Investment Highlights

• Recent Price Reduction: $5,500,000 Dirt Cost & $2,495,000 in Tax Credits
• SC Textile Mill Credits available
• Designated Opportunity Zone (OZ)
• "Western Gateway" to downtown Spartanburg
• Located along Rail Trail Extension
• Adjacent to Fifth Third Bank Baseball Complex (Complete Spring of 2025)