127-163 E Main St

127-163 E Main St, Spartanburg, SC 29306

  • For Sale $8,950,000
  • Property Type VacantLand
  • Property Size 8,256 SF
  • Lot Size 1.45 Acre
  • Building Class C
  • Year Built 1900
  • Date Updated Jan 20, 2025
Eight parcels situated on ±1.43 Acres ±1 block from Morgan Sq., New City Hall, and Planetarium. Less than 4 blocks from New Minor League Baseball Stadium ±315 linear feet of frontage on E Main Street and E Broad StreetRare Downtown Spartanburg Development Opportunity This prime investment opportunity comprises eight parcels spanning ±1.43 acres, located just ±1 block from Morgan Square, the new City Hall, and the planetarium, and less than 4 blocks from the new Minor League Baseball Stadium. With ±315 linear feet of frontage on E Main Street and E Broad Street, this site offers unparalleled visibility and accessibility in the heart of Spartanburg's thriving downtown. Key Highlights: Approved for Density: The city supports a dense mixed-use development, with the design board already approving initial plans for a 9-story project. This included: - 2 stories of commercial space - 200+ residential units - An onsite parking structure Advanced Design Work: Significant architectural design, preconstruction, and state and local incentive work have been completed, saving time and resources. Flexible Options: The M Peters Group has additional designs available, offering flexibility for parking, commercial use, and over 200 apartment units. Due Diligence Ready: Comprehensive due diligence documents, including Phase I Environmental Site Assessments, Geotechnical Reports, Asbestos Surveys, and other documents, are available upon request. This development-ready property combines proximity to Spartanburg’s key attractions with a forward-thinking plan, ensuring strong investor potential in this rapidly growing city. Don't miss the chance to bring your vision to life in Spartanburg's vibrant downtown core. Contact us today for more information and due diligence documents!
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Highlights

  • Eight parcels situated on ±1.43 Acres
  • ±1 block from Morgan Sq., New City Hall, and Planetarium.
  • Less than 4 blocks from New Minor League Baseball Stadium
  • ±315 linear feet of frontage on E Main Street and E Broad Street
  • Significant amount of architectural design, preconstruction, and state and local incentive work has been completed
  • City supports a dense mixed-use project on the site
  • Design board approved initial plans of 9 stories which included 2 stories of commercial, over 200 units of residential, and an onsite parking structure
  • The Developer and Property Owner (M Peters Group) and GC have additional designs with parking, commercial, and 200+ apartment units.
  • Due Diligence documents available upon request
  • Includes: Phase I, Geotech, Asbestos Survey, and other related documents

Contacts

broker

Reedy Property Group

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable
  • Bike Score ®

    79/100 Very Bikeable
Powered by Walk Score ®
  • City Spartanburg, SC
  • Neighborhood Downtown Spartanburg
  • Zip Code 29306
  • Market Greenville

Points of Interest

  • Spartanburg

    0.48 miles

  • Eaton

    0.17 miles

  • Southern Convenience Stores

    0.20 miles

  • Hotspot

    0.22 miles

  • Tesla Destination Charger

    0.27 miles

  • QuikTrip

    0.62 miles

  • Spinx

    0.75 miles

  • Marathon

    1.05 miles

  • Ingles Gas Express

    2.33 miles

  • Kangaroo Express

    2.34 miles

  • Tesla Supercharger

    3.10 miles

  • Dunbar Street Garage

    0.09 miles

  • Library Parking

    0.10 miles

  • City Hall Parking Lot

    0.12 miles

  • Kennedy Street Garage

    0.14 miles

  • Magnolia Street Garage

    0.16 miles

  • St. John Street Garage

    0.24 miles

  • RedSail Parking Lot

    0.32 miles

  • County Courthouse Garage

    0.37 miles

  • Rail Trail Parking

    0.53 miles

  • Auditorium Parking

    0.55 miles

  • AC Hotel Spartanburg

    0.28 miles

  • Marriott

    0.35 miles

  • The Inn on Main

    0.36 miles

  • Econo Lodge Inn & Suites

    3.17 miles

  • Sonesta Select Spartanburg

    3.30 miles

  • HomeTowne Studios

    3.31 miles

  • Holiday Inn

    3.32 miles

  • US Economy Lodge

    3.53 miles

  • Comfort Inn

    3.56 miles

  • ECHO Suites Spartanburg

    3.61 miles

  • Lime Leaf Thai

    0.05 miles

  • Coco Bowlz

    0.05 miles

  • Groucho's Deli

    0.06 miles

  • Isla's on the Square

    0.07 miles

  • The Lemongrass Kitchen

    0.07 miles

  • Smoking Butt Heads BBQ

    0.07 miles

  • Pokenori

    0.08 miles

  • Blue Moon Specialty Foods

    0.09 miles

  • Initial Q

    0.10 miles

  • Monsoon Noodle House

    0.11 miles

  • Meeting Street Academy

    0.13 miles

  • Spartanburg Community College Downtown

    0.20 miles

  • USC Upstate Johnson College of Business and Economics

    0.21 miles

  • Saint Paul the Apostle Catholic School

    0.34 miles

  • Spartanburg Preparatory School

    0.52 miles

  • Edward Via College of Osteopathic Medicine

    0.65 miles

  • Mary H Wright Elementary School

    0.79 miles

  • Stewart H. Johnson Greek Village

    0.82 miles

  • Wofford College

    0.84 miles

  • Carver Junior High School

    0.85 miles

  • Advent Childrens Center

    0.31 miles

  • Highland Early Learning Center

    0.93 miles

  • The Franklin School

    1.28 miles

  • Mother Goose Day Care & CDC, Inc.

    2.59 miles

  • Sunshine House

    5.29 miles

Frequently Asked Questions

How much does 127-163 E Main St cost?

The space currently listed for sale at 127-163 E Main St asks for $8,950,000.

What is the total square footage of 127-163 E Main St?

127-163 E Main St totals 8,256 square feet.

When was this property built?

127-163 E Main St was built in 1900.

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Contact Listing Broker
broker

Reedy Property Group

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