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1206-1214 Union St 26,000 SF 85% Leased Retail Building Spartanburg, SC 29302 $3,829,084 CAD ($147.27 CAD/SF)

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Investment Highlights

  • Signalized intersection
  • ±160 ft of road frontage on Lucerne Drive
  • Under 5 minutes to Downtown Spartanburg & new Baseball Stadium
  • ±250 ft of road frontage on Union Street
  • ±300 feet to Mary Black Foundation Rail Trail
  • $40M+ development across the street | ±174-unit apartment complex + retail

Executive Summary

1206 Union Street is a well-located, income-producing Retail/Flex building situated on ±1.76 acres in one of Spartanburg's most active and fast-growing commercial corridors. Already 85% occupied with stable tenants, this property offers immediate cash flow with additional upside through the lease-up of one remaining ±4,000 SF vacancy.
Located at a signalized intersection with approximately ±250 feet of frontage along Union Street and ±160 feet along Lucerne Drive, 1206 Union Street commands outstanding visibility and access from multiple directions. With a traffic count of approximately 17,000 vehicles per day, this property offers the kind of exposure that draws customers and supports long-term tenant success. Adequate on-site parking further enhances the appeal for both tenants and their customers.
Directly across the street, a $40+ million mixed-use development is underway, featuring a ±174-unit apartment complex alongside ground-floor retail. This transformative project signals strong market confidence in the corridor and will bring a significant influx of new residents, foot traffic, and spending power to the immediate area.
Just ±300 feet from the Mary Black Foundation Rail Trail, the property benefits from proximity to one of Spartanburg's most popular recreational amenities; a consistent driver of daytime activity and community engagement in the surrounding neighborhood.
For purchase inquiries, contact us today!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
26,000 SF
Building Class
C
Year Built
1960
Price
$3,829,084 CAD
Price Per SF
$147.27 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.34
Lot Size
1.77 AC

Amenities

  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1208
  • 4,000 SF
  • Office/Retail
  • -
  • Now

A standout leasing opportunity has arrived at 1208 Union Street, a ±4,000 square foot Retail/Flex suite nestled within an established, well-trafficked shopping center on ±1.76 acres in one of Spartanburg's most exciting and rapidly growing corridors. Whether you're a retailer, service provider, medical user, or creative office tenant, this space delivers visibility, accessibility, and surrounding energy to help your business thrive. Located at a signalized intersection with approximately ±250 feet of frontage along Union Street and ±160 feet along Lucerne Drive, this property offers outstanding exposure from multiple directions. A traffic count of approximately 17,000 vehicles per day ensures a steady stream of potential customers passing your door daily. Adequate on-site parking makes every visit convenient for tenants and customers alike. 1208 Union Street sits within a thriving shopping center anchored by a grocery store and an ice machine company; two daily-needs destinations that generate consistent, repeat foot traffic throughout the week. Joining this center means plugging into an already-active retail ecosystem with a built-in customer base. Directly across the street, a $40+ million mixed-use development is taking shape, featuring a ±174-unit apartment complex alongside ground-floor retail. This landmark project will bring hundreds of new residents and increased daily spending power directly to your front door; making now the ideal time to establish your presence in this corridor. Located just ±300 feet from the Mary Black Foundation Rail Trail, one of Spartanburg's most beloved recreational amenities, this property offers proximity to a consistent source of community activity, foot traffic, and neighborhood engagement year-round. Just 3 miles from Downtown Spartanburg along Union Street (parallel to Pine Street), the property is less than 5 minutes from the city's vibrant urban core and the new Baseball Stadium; keeping your business connected to the heart of Spartanburg's growth. For leasing information, contact us today! *Seller is a licensed SC Agent

Space Size Space Use Position Available
1208 4,000 SF Office/Retail - Now

1208

Size
4,000 SF
Space Use
Office/Retail
Position
-
Available
Now

1208

Size 4,000 SF
Space Use Office/Retail
Position -
Available Now

A standout leasing opportunity has arrived at 1208 Union Street, a ±4,000 square foot Retail/Flex suite nestled within an established, well-trafficked shopping center on ±1.76 acres in one of Spartanburg's most exciting and rapidly growing corridors. Whether you're a retailer, service provider, medical user, or creative office tenant, this space delivers visibility, accessibility, and surrounding energy to help your business thrive. Located at a signalized intersection with approximately ±250 feet of frontage along Union Street and ±160 feet along Lucerne Drive, this property offers outstanding exposure from multiple directions. A traffic count of approximately 17,000 vehicles per day ensures a steady stream of potential customers passing your door daily. Adequate on-site parking makes every visit convenient for tenants and customers alike. 1208 Union Street sits within a thriving shopping center anchored by a grocery store and an ice machine company; two daily-needs destinations that generate consistent, repeat foot traffic throughout the week. Joining this center means plugging into an already-active retail ecosystem with a built-in customer base. Directly across the street, a $40+ million mixed-use development is taking shape, featuring a ±174-unit apartment complex alongside ground-floor retail. This landmark project will bring hundreds of new residents and increased daily spending power directly to your front door; making now the ideal time to establish your presence in this corridor. Located just ±300 feet from the Mary Black Foundation Rail Trail, one of Spartanburg's most beloved recreational amenities, this property offers proximity to a consistent source of community activity, foot traffic, and neighborhood engagement year-round. Just 3 miles from Downtown Spartanburg along Union Street (parallel to Pine Street), the property is less than 5 minutes from the city's vibrant urban core and the new Baseball Stadium; keeping your business connected to the heart of Spartanburg's growth. For leasing information, contact us today! *Seller is a licensed SC Agent

Nearby Major Retailers

Starbucks
Ingles Markets
Zaxby's
Waffle House
Walmart Neighborhood Market

Property Taxes

Property Taxes

Parcel Number
7-17-05-140.00
Land Assessment
$16,709 CAD
Improvements Assessment
$22,583 CAD
Total Assessment
$39,292 CAD
  • Listing ID: 38116436

  • Date on Market: 2025-10-17

  • Last Updated:

  • Address: 1206-1214 Union St, Spartanburg, SC 29302

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