1206-1214 Union St 26,000 SF 85% Leased Retail Building Spartanburg, SC 29302 $3,906,560 CAD ($150.25 CAD/SF)

Positioned at a high-visibility signalized intersection just three miles from downtown Spartanburg, 1206 Union Street offers a rare opportunity to acquire a ±26,000-square-foot retail/flex building on ±1.76 acres. The property features ±250 feet of frontage on Union Street and ±160 feet on Lucerne Drive, with traffic counts of approximately 17,000 vehicles per day. Located within a shopping center anchored by a grocery store and adjacent to an ice machine company, the site benefits from strong co-tenancy and consistent consumer draw.
This asset is ideally situated less than five minutes from Spartanburg’s new minor league baseball stadium and the heart of downtown, placing it within reach of a transformative $425 million mixed-use development that includes 375 apartments, 200,000 square feet of office space, a 150-room hotel, and a new city-county administrative complex. The property is also just ±300 feet from the Mary Black Rail Trail, enhancing its appeal for pedestrian traffic and lifestyle-oriented tenants.
Spartanburg continues to rank among the fastest-growing metros in the U.S., with a booming industrial sector, strong retail occupancy (±97.2%), and over $1.1 billion in capital investment underway. The area’s demographic strength, affordability, and cultural vibrancy make this site a compelling investment for owner-users, developers, or value-add investors seeking a foothold in a dynamic market.