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903 Union St
Spartanburg, SC 29302
Dendy Building · Retail Property For Sale
Investment Highlights
- Located on Spartanburg’s main commercial corridor
- Surrounded by parks and growing residential zones
- Flexible multi-tenant layout ideal for diverse uses
- Easement access to Mary Black Rail Trail
- Minutes from Downtown and major highways
Executive Summary
Positioned on one of Spartanburg’s most visible and trafficked corridors, 903 Union Street offers investors a rare opportunity to acquire a ±4,500 SF multi-tenant retail asset with strong locational advantages. The property sits just minutes from Downtown Spartanburg and key regional connectors including Hwy 176, I-585, I-85 Business, and I-26, ensuring seamless access for both customers and tenants.
Surrounded by parks and vibrant residential neighborhoods, the site benefits from a city-confirmed easement to the Mary Black Rail Trail, enhancing pedestrian connectivity and community engagement. The building’s flexible layout is ideal for a mix of retail, fitness, food and beverage, and service-oriented tenants, making it a compelling option for both owner-users and investors seeking stable income potential.
With three separately demised suites and a competitive asking price of $895,000, this asset presents a strategic opportunity to capitalize on Spartanburg’s ongoing growth and revitalization. The area’s increasing residential density and proximity to major retail anchors further support long-term value appreciation.
Surrounded by parks and vibrant residential neighborhoods, the site benefits from a city-confirmed easement to the Mary Black Rail Trail, enhancing pedestrian connectivity and community engagement. The building’s flexible layout is ideal for a mix of retail, fitness, food and beverage, and service-oriented tenants, making it a compelling option for both owner-users and investors seeking stable income potential.
With three separately demised suites and a competitive asking price of $895,000, this asset presents a strategic opportunity to capitalize on Spartanburg’s ongoing growth and revitalization. The area’s increasing residential density and proximity to major retail anchors further support long-term value appreciation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,500 SF
Building Class
B
Year Built
1995
Price
$1,214,515 CAD
Price Per SF
$269.89 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.70 AC
Zoning
B-1 - Neiborhood-scale retail, restaurant, service, and office uses
Parking
24 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
122’ on Union St
Amenities
- 24 Hour Access
- Signage
- Accent Lighting
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 7-17-01-026.00 | Improvements Assessment | $25,484 CAD |
| Land Assessment | $13,597 CAD | Total Assessment | $39,082 CAD |
Property Taxes
Parcel Number
7-17-01-026.00
Land Assessment
$13,597 CAD
Improvements Assessment
$25,484 CAD
Total Assessment
$39,082 CAD
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