11 Front ST new

Spartanburg,SC 29301

$ 6250000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Unimproved Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4264983

Year Built 1906

Lot Size 27.000 Acres

Acres 27.0

Property Sub-Type Unimproved Commercial

Property Description

27 +/- acres corner lot commercial property previously the Saxon Mill Textile Plant. Excellent owner/investor opportunity. Prime location/visibility within less than 1 mile to I-85 and I-26, 4 blocks of the Methodist University, Approx. 2 miles from Spartanburg Mall, the hospital, Wofford University and Converse College.Various Tax Credits & Incentives may be available with the property including the New Market Tax, South Carolina Textile Communities Revitilization Act, Historic Preservation Tax Incentive, Federal Income Tax Credit for Low Income House, State Historic Rehabilitation Tax Credit. Commercial utilities are available. Included in the 27+- acreage is approx. a 2+- acre corner lot across the street. Could be used for additional development. Property consists of two fire ponds. One 2+- acre and one 5 +- with natural habitat established. Philips Conco monitors well sites which currently pays the owner 22K per year. Approx. 92K sq ft of warehouses, shop 50x100, and add'l bldgs.

Location

State SC

County Spartanburg

Zoning 6RGC

Interior

Inclusions Building,Land

Exterior

Street Surface Paved

Building

Lot Description Level

Dwelling Type Site Built

Sewer Public Sewer

Water City

New Construction false

Others

Senior Community false

Restrictions Use

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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