1035 Fernwood Glendale Rd - Bank FOR SALE


Spartanburg, SC 29307- Fernwood
$1,600,000 USD
678-787-5019
1035 Fernwood Glendale Rd, Spartanburg, SC for Sale
$1,600,000 USD
Bank - FOR SALE
1/8
null | Request Cap Rate

1035 Fernwood Glendale Rd
Spartanburg, SC 29307
Fernwood


HIGHLIGHTS

  • Prime Location | Just off the signalized intersection of Fernwood Glendale Rd & E Main St (US-29) with excellent visibility and traffic exposure
  • Hillcrest Shopping District | Direct adjacency to Publix-anchored center and established neighborhood retail corridor
  • High-Traffic Corridor | E Main St (US-29) serves as a primary commuter and retail artery connecting downtown Spartanburg to residential suburbs
  • Flexible Use Potential | Former bank building adaptable for service, professional office, or retail conversion | Asset ready for quick repositioning
  • Affluent & Dense Trade Area | More than 5,200 residents and an average household income exceeding $80,000 within one mile
  • Strong Market Fundamentals | Surrounding retail mix of restaurants, neighborhood centers, and mixed-use developments driving foot and vehicle traffic

OVERVIEW

FOR SALE OR LEASE SVN | Second Story is pleased to present 1035 Fernwood Glendale Road, a vacant former bank building positioned just off the signalized intersection of Fernwood Glendale Road and E Main Street (US-29) in Spartanburg, South Carolina. The property sits directly adjacent to the Hillcrest Market Place, anchored by a full-service Publix supermarket, and benefits from exceptional visibility, strong daily traffic counts, and convenient access to surrounding neighborhoods. Located along one of Spartanburg’s primary commuter and retail corridors, this asset is ideally suited for service, office, or retail reuse. The surrounding trade area features a dense and affluent residential base and a robust mix of retail, dining, and neighborhood services, contributing to steady activity throughout the day. This offering represents a rare opportunity to reposition a versatile building within a high-demand submarket characterized by consistent growth and established consumer traffic.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$722 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Reduced Price | FMR Bank Reposition

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

GC

APN/PARCEL ID

7-09-14-102.00

ASK ABOUT THIS PROPERTY

Hunter MyersSVN | Second Story Real Estate ManagementMore Info
678-787-5019

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Hunter MyersSVN | Second Story Real Estate ManagementMore Info
678-787-5019

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.