Investment Overview
1206 Union Street is a well-located, income-producing Retail/Flex building situated on ±2.35 acres in one of Spartanburg's most active and fast-growing commercial corridors.
Located at a signalized intersection with approximately ±450 feet of frontage along Union Street and ±160 feet along Lucerne Drive, 1206 Union Street commands outstanding visibility and access from multiple directions. With a traffic count of approximately 17,000 vehicles per day, this property offers the kind of exposure that draws customers and supports long-term tenant success. Adequate on-site parking further enhances the appeal for both tenants and their customers.
Down the street, a $40+ million mixed-use development is underway, featuring a ±174-unit apartment complex alongside ground-floor retail. This transformative project signals strong market confidence in the corridor and will bring a significant influx of new residents, foot traffic, and spending power to the immediate area.
Just ±300 feet from the Mary Black Foundation Rail Trail, the property benefits from proximity to one of Spartanburg's most popular recreational amenities; a consistent driver of daytime activity and community engagement in the surrounding neighborhood.
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Investment Highlights
- ±26,000 SF Retail/Flex Building
- ±2.35 Acres
- Adequate parking
- $40M+ development down the street | ±174-unit apartment complex + retail
- Improvements:
- New Roof - Main Building - March 2020
- New Roof - Awning - August 2021
- New HVAC - Suite 1206 - Feb 2026
- New HVAC - Suite 1214 - Feb 2020
- Parking Lot - Brand New Feb 2026