129 Monarch Highway
Union, SC, 29379 $ 11,000,000
Bedrooms-- Baths-- Sq 700,000 Monthly Estimate*
$ 75,974
for $11,000,000. This 700,000 square foot building was built in 1910 on a lot size of 17.
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.
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FeaturesInteriorBasement Walk-Up Access
Basement (Y/N) Y
Below Grade Finished Area 0
Number Of DocksTotal 12
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GeneralDevelopment Status Completed
Construction Materials Brick Full
Year Built 1910
Stories Count 4
Property Subtype Industrial
Parcel Number 074-11-14-018 000
County UnionSC
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Industrial Subdevelopment
Other Structures Workshop
City Union
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N Y
Standard Status Active
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 750000
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ExteriorFencing Fenced
Lot Features Level Paved
Inclusions Building Equipment Land
Lot Size Area 17
Foundation Details Basement
Building Area Total 700000
Road Surface Type Concrete
Road Responsibility Publicly Maintained Road
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* Excluded FeaturesList ByKeller Williams ConnectedBroker
Affordability Calculator
- Monthly Principal & Interest
- $75,974
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Union, SC
Average List Price $2,997,625
Percent of Sale Price 73%
About Union, SC 7,898 Population
-9% Since 2002
$ 29,379 Median Income
41.4 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/3/2026 | $11,000,000 | | Listed Price |