- For sale
The Montgomery Courtyard is a .7-acre development pad adjacent to the redeveloped Montgomery Building which serves as a key connection between downtown Spartanburg and the thriving St. John Street corridor.
Centrally located between residential neighborhoods (including 63 occupied residential units in the Montgomery Building), the St. John Street cultural district and the heart of downtown, this property is also only a 5-minute walk from Morgan Square and the heart of downtown.
The Courtyard is the last remaining parcel for development on a block occupied by the USC Upstate campus (“The George”), Chapman Cultural Center, Spartanburg Art Museum and Barnet Park.
The land has all utilities on-site and 39 parking spaces available in the St. John Street parking garage. Initial massing studies show building potential of up to 120,000 square feet and a 6-story structure.
The central business district of Spartanburg continues to gain momentum with 70 new businesses opened in the last 6 years, 2,581 housing units added in the last 9 years, a 97% residential occupancy rate (2019) and 3,200 new residents predicted to move to the area by 2024.
The Courtyard represents an opportunity to capitalize on the continued growth of this area with an ideal location for new retail, office, dining, residential, hospitality or a combination/multi-use development.
For pricing and additional information, please contact the brokerage team.