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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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129 Monarch Hwy , Union, SC 29379
$11,000,000
Est. Payment: $24,444.44/mo
0 Bed
0 Bath
700000 Sqft
Status: Active | Days on site: 238
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487601 - R15350,27683
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House Description

Historic Monarch Mill presents a rare 700,000+ SF industrial and redevelopment opportunity on 17+ acres in Union, SC, strategically positioned between Charlotte, Greenville, and Columbia with convenient highway access to major Southeast markets. Offered with seller financing, this expansive property provides a versatile footprint for a wide range of industrial, commercial, mixed-use, and redevelopment concepts. The existing mill features flexible floor plans, modern utilities, high-capacity loading docks, ample parking, outdoor storage, and additional land for potential expansion. The substantial building footprint offers possibilities ranging from warehousing and distribution to creative mixed-use concepts, loft-style residential conversions, or a large-scale adaptive reuse project. Historic character paired with existing infrastructure creates a compelling opportunity for investors, developers, and owner-users seeking a property with scale and redevelopment potential. A 7-acre land lease is currently in place generating $150,000 annually. Potential tax incentive programs may include Textile Revitalization Credits, Historic Preservation Tax Credits, Bailey's Bill (Union, SC), Federal Low-Income Housing Credits, and State Historic Rehabilitation Tax Credits. Buyer to independently verify eligibility, availability, requirements, and applicability of all incentive programs. A landmark property with exceptional scale, existing infrastructure, and multiple potential paths for redevelopment. Seller financing available. Bring your vision to Monarch Mill and transform a historic property into its next chapter.

Highlights

Listed by Ola van Zyl , 843-666-5250 and Mike Morrell , 843-666-5250 Keller Williams Connected , 803-835-2300.

Property Type

Commercial Sale

Lot/Acreage
17

Year Built

1910

County

UnionSC

Listing ID

4332840

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Below Ground Sq Ft:0
Basement:Walk-Up Access

Exterior Features

Lot:Level,Paved
Principal Interest
$24,444
Taxes
$7,013

Home Price

$11,000,000

Loan Details

30 yrs
%

Down Payment

20%
$2,200,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$24,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $24,444.44 $7,012.50 $0.00 $31,456.94
Yearly $293,333.33 $84,150.00 $0.00 $377,483.33
Total $8,800,000.00 $2,524,500.00 $0.00 $11,324,500.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Union, SC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.