Exceptional redevelopment opportunity in the heart of downtown Spartanburg! Potential eligibility for City of Spartanburg incentives and funding programs, subject to applicable requirements and approval. Also potential for income tax exemptions, please consult your CPA.
Located in a high-traffic pedestrian area surrounded by boutiques, popular local businesses, and dining destinations, this property offers an opportunity to be part of downtown's ongoing revitalization. Situated next to Spill the Beans and across the street from Denny's Tower and a popular nightlife destination, the building is ideally positioned to benefit from the area's continued growth and investment.
The property features approximately 7,000 square feet on the main level, with a layout previously envisioned for six retail spaces. The upper level offers potential for eight studio units, with separate access from the opposite side of the building. The building is equipped with an elevator serving both main levels and the basement, which offers approximately 400 square feet of additional space.
A sprinkler system is also in place. Convenient rear access connects to a main bus station, providing added convenience for visitors and occupants. With downtown Spartanburg continuing to experience restoration, redevelopment, and renewed investment, this property presents an opportunity to contribute to the area's continued growth and transformation.
Approved architectural plans for both floors are available. Buyers interested in modifying the existing architectural plans are encouraged to contact the original architectural firm to explore possible revisions. Whether envisioned as a mixed-use development, retail destination, or another creative concept, this property offers a unique opportunity for an investor or developer to bring their vision to life in the heart of downtown Spartanburg.
