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, 2 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 50×100, and add’l bldgs.

Features

Sewer:: Public Sewer

Address Map

Country:: US
State:: SC
County:: Spartanburg
City:: Spartanburg
Zipcode:: 29301
Street:: Front
Street Number:: 11
Street Suffix:: Street
Longitude:: W82° 1' 51.4''
Latitude:: N34° 57' 40.9''
Directions:: From Charlotte take I-85 S to South Carolina. Continue to Exit 77 (I-85 Business). Go to Exit 3 (New Cut Rd). Take left at top of the ramp. Go approximately 1 mile to 1st stop light. Turn right on Sibley St. Go 2 blocks to 175 Sibley to access gate entrance.