Contacts
Gilbert Bradham
SVN | Southern Commercial Real Estate
Property Details
- Property Type Other
- Property Size 127,000 SF
- Units 1
- Lot Size 7.6 Acre
- Parking Spaces Avail. 246
- Year Built 1921
- Date Updated May 14, 2026
Hospital Adaptive Reutilization with a huge tier of Tax Credits and other structures within the scope of the University of South Carolina Union Campus envisioned here: This is a massive facility with a fully running Physical Plant coupled with 246 parking spaces and all the components of a Hospital poised for change to serve Workforce Housing and Student Housing that is currently not adequately served. The valuation of this Hospital is over $7M but this acquisition can be made for under $2M.
**Conceptualize and understand this very clearly, Union County is a Tier Four Incentives County adjacent to the explosive growth of Greenville/Spartanburg. This is the Expansion Zone and over four new Industrial Projects are being considered now. See: as an absolute to understand the scope of this. This asset is the totality of a Hospital and its as is, where is footprint for identified utilization. Massive Tax Credit Structure to proceed. Get in touch and I can facilitate additional development as well. Success for all concerned.
+/- 19.6 Miles to Interstate I-26 Access
+/- 28.4 Miles to Interstate I-85 Access
+/- 38.4 Miles to Interstate I-77 Access
+/- 43.5 Miles to Greenville International Airport
+/- 76 Miles to Charlotte International Airport
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Reach out to the broker for more info on lease terms and amenities
Highlights
- Bailey Bill Tax Credits: https://www.masc.sc/uptown/11-2020/economic-development-tools-bailey-bill The assessed value is typically frozen for 15–20 years, preventing tax increases due to improvements.
- Hospital Adaptive Reutilization for Workforce Housing - University of South Carolina Union Students | Nursing and Others $600+ per head per month estimated or more.
- In addition to that Historic Tax Credits: https://www.masc.sc/uptown/10-2019/economic-development-tools-historic-rehabilitation-credits. Effectively you profit and tax implications are frozen for up to twenty (20) years. Consult a Tax Attorney for finalized advice.
- Massive Industrial Development in Tier 4 Incentives County Adjacent to Greenville/Spartanburg Maxed Out Area. See: https://uniondevboard.wpengine.com/ and get in contact with me regarding other development plans that I can facilitate with the County.
- SEE: https://acrobat.adobe.com/id/urn:aaid:sc:us:54295e52-277c-4009-9d60-6069c518ec54
Attachments
Getting around
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35/100
Walk Score ®
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26/100
Bike Score ®
Powered by Walk Score ®
Location
- City Union, SC
- Zip Code 29379
- Market Greenville
Points of Interest
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Murphy USA
1.34 miles
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Inn at Merridun
0.53 miles
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Quality Inn Union Us Hwy 176
0.69 miles
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KJ's Market IGA - Union
0.64 miles
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Walmart Supercenter
1.23 miles
Contact Listing Broker
Gilbert Bradham
SVN | Southern Commercial Real Estate
