For Sale
$2,400,000

729 Church StSpartanburg, SC 29306

73,000 SF Retail Space, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 73,000 square foot retail property, located at 729 S Church St in Spartanburg, South Carolina, presents a prime redevelopment opportunity. Priced at $2,400,000 ($32.88/SF), this property boasts a 97.2% occupancy rate and sits on a sizable 5.91-acre lot. The B-3 zoning permits a variety of uses, making it highly versatile for future development. Situated approximately one mile from Spartanburg's Central Business District and a new minor league baseball development, this location offers unparalleled access and visibility. Significant environmental and VCC work has already been completed by the current owner, streamlining the redevelopment process. The property benefits from easy access to downtown Spartanburg and essential utilities, including sewer. The surrounding area features a robust and growing economy, anchored by major employers such as BMW's manufacturing facility (11,000 employees), Spartanburg Regional Hospital (9,700 employees), and the recent $155 million Oshkosh Defense investment in the nearby Boiling Springs area (creating 1,500 new jobs). Boiling Springs' diverse economy, with strong representation in manufacturing, healthcare, and education, further enhances the property's investment potential. The APN is 7-16-06-222.00 and the zip code is 29306. This is an unparalleled chance to acquire a substantial retail property in a thriving South Carolina market.

Highlights

  • Convenient access to Downtown Spartanburg.
  • Property features completed environmental and VCC remediation.
  • Located approximately one mile from Spartanburg's Central Business District (CBD) and new Minor League ballpark.
  • Sewer utilities available.
  • Strong local workforce supported by BMW's major manufacturing facility (11,000 employees).
  • Robust healthcare sector anchored by Spartanburg Regional Hospital (9,700 employees).

Property Details for 729 Church St

Property type
Retail properties
Square Feet
73,000 SF
Lot Size (sq. ft)
257,440 SF

Location Insight

City
Spartanburg
County
Spartanburg
State
South Carolina
Latitude
34.9335762
Longitude
-81.9299764
729 Church St, Spartanburg, South Carolina

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729 Church St
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