(864) 362-2375
129 Monarch Highway
$11,000,000

129 Monarch Highway, Union, SC 29379

1910YearYear Built

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.

Location

Key Facts

Status: Active
Type: Commercial Sale
HOA Fees: $0
MLS: Canopy
MLS #: 4332840

Features

Industrial
Building
Equipment
Land

Mortgage Calculator

$55,622Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $11,000,000
Status: Active — For Sale
Days on market: 238
Last updated: Aug 29, 2026

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Listing courtesy of Keller Williams Connected
Source MLS #: 4332840
Last updated: Aug 29, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.