$11,000,000
About this home
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.
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4332840
- Property type
- Industrial
- Subdivision
- N/A
- Status
- Active
- Days on market
- 238
- On market date
- January 3, 2026
- Stories
- 4
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 492
- Student:teacher ratio
- 15.4:1
- District
- Union 01
- Enrollment
- 706
- Student:teacher ratio
- 14.4:1
- District
- Union 01
- Enrollment
- 1,083
- Student:teacher ratio
- 21.2:1
- District
- Union 01
Walkability
Blended score for Union's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Market position
How this listing compares to current activity in Union, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated August 29, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.