127-163 E Main St Spartanburg, SC 29306

This exceptional investment opportunity presents eight parcels totaling approximately 1.43 acres in vibrant downtown Spartanburg, South Carolina. Strategically located less than one block from Morgan Square, the new City Hall, and the planetarium, and under four blocks from the new Minor League Baseball Stadium, this property boasts approximately 315 linear feet of frontage on East Main and East Broad Streets, ensuring unparalleled visibility and accessibility. The site is approved for a dense mixed-use development, with initial plans already approved by the city design board for a nine-story building encompassing two levels of commercial space, over 200 residential units, and an on-site parking structure. Extensive pre-construction work, including architectural design and securing state and local incentives, has already been completed, significantly reducing development time and costs. Additional design options are available, offering flexibility for parking configurations, commercial space allocation, and residential unit counts exceeding 200. The property is due diligence ready, with comprehensive documents including Phase I Environmental Site Assessments, Geotechnical Reports, and Asbestos Surveys available upon request. This development-ready site offers a unique blend of prime location and a forward-thinking plan, presenting strong investor potential in a rapidly growing city. The asking price is $8,950,000. The total building size is 8,256 square feet.