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700,000 sqft

$11,000,000

129 Monarch Highway, Union SC, 29379

Price per sqft$15.71
Built in1910
Property size700,000 sqft
Property typeCommercial
Courtesy of Keller Williams Connected, Ola van Zyl Listing Contact: [email protected]

Overview

Active

Listed Jan 3, 2026

Updated 2 weeks ago

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.

Other Property Details

55+/Senior Community
No

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Based on information submitted to the MLS GRID as of 9:00 AM UTC on 9/19/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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