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277 W Main St
Spartanburg, SC 29306

Land For Sale · 12.70 AC

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Investment Highlights

SC Textile Mill Credits available.
Located along Rail Trail Extension.

"Western Gateway" to downtown Spartanburg.
Adjacent to Fifth Third Bank Baseball Complex (Complete Spring of 2025)

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Commercial
No. Lots	1	Total Lot Size	12.70 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	12.70 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£6,781,725	Lot Size	12.70 AC
Price Per AC	£533,994

Price	£6,781,725
Price Per AC	£533,994
Lot Size	12.70 AC

Parcel break down: A) .47 B) 1.97 C) 4.29 D) 5.97-(owned By the city)

Description

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.

PROPERTY TAXES

Parcel Numbers	Multiple 7-12-13-305.00 7-12-14-002.00 7-12-13-303.00 7-12-13-305.01	Improvements Assessment	£6,700
Land Assessment	£79,980	Total Assessment	£86,680

PROPERTY TAXES

Parcel Numbers

Multiple

7-12-13-305.00
7-12-14-002.00
7-12-13-303.00
7-12-13-305.01

Land Assessment

£79,980

Improvements Assessment

£6,700

Total Assessment

£86,680

zoning

Zoning Code	OZ (Opportunity Zone)
OZ (Opportunity Zone)

Listing ID: 31576241
Date on Market: 22/04/2024
Last Updated:
Address: 277 W Main St, Spartanburg, SC 29306

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