The Montgomery Building
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- Brook Ray
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1 Very Limited Availability Retail/Restaurant/Office Space For Lease 187 North Church Street, Spartanburg, SC Property Features Mixed-use property: approximately 72 apartments on floors 3-10 with ±8,450 SF of retail and restaurant space available on the ground floor ±9,475 SF of office space available on the second floor Spaces range from ±600 SF to ±3,700 SF On-site parking and off-street parking deck with 750 spaces available Property is listed in the National Register of Historic Places For more information: Kevin Pogue x 7283 kpogue@naiearlefurman.com NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. NAI Earle Furman 314 S Pine St., Spartanburg, SC
2 Property Summary Available SF: Lease Rate: Lot Size: Building Size: 600-3,700 SF Contact Broker 1.55 Acres 132,066 SF Year Built: 1924 Zoning: Market: Sub Market: DT-5 Urban Center District (City of Spartanburg) Spartanburg Spartanburg City Traffic Count: 12,985 Property Overview was built in 1924 by the Montgomery Family who was one of the leading textile families in the Southeast. It was originally built as office space that housed engineering, cotton brokers, and various other tenants that were associated with the textile and cotton industry. Because of the type and date of construction, the Montgomery Building is the only remaining example of its kind in the entire state of South Carolina. That, combined with the recent revitalization of the Downtown Spartanburg area, will make this property a sought-after location. Demographics 1 Mile 5 Miles 10 Miles Total Households: 2,498 34,755 72,557 Total Population: 7,637 92, ,171 Average HH Income: $47,835 $50,579 $57,224
3 Property Overview Street retail for lease on the ground floor of The Montgomery Building in Downtown Spartanburg. Second floor of the building will be comprised of office space. Location Overview Located at the corner of St. John Street and Church Street - the busiest intersection in Downtown Spartanburg, SC. The building is located next door to the University of South Carolina Upstate s George Dean Johnson, Jr. College of Business; less than 1.5 miles from the Edward Via College of Osteopathic Medicine, Wofford College, Converse College, & Spartanburg Community College s Downtown Campus. It is also within walking distance of Denny s National Headquarters, OTO Development, BB&T, and Advance America as well as numerous restaurants, retail stores, R.J. Rockers Brewing Company, and the Hub City Co-Op Apartment Space The upper floors of the will be home to 72 one-bedroom and two-bedroom apartments ranging in size from 422 SF to 1,374 SF. Spartanburg Market With diverse career opportunities; great schools, both private and public; and a dynamic, vibrant downtown, it's easy to see how newcomers fall in love with Spartanburg. Home to 10 corporate headquarters, Spartanburg also has multiple colleges and acclaimed primary and secondary schools within its city limits. Two major interstate highways (I-85 and I-26) skirt the city and provide convenient access to other areas of the state and region.
4 Neighboring Office And Retail Neighboring offices include Johnson Development Associates, OTO Development, American Credit Acceptance, American Storage, JM Smith, & QS-1 Neighboring retail business includes the Hub City Co-Op, a new co-op grocery store (the only co-op in South Carolina - featuring organic foods and locally-grown products) and Hub City Tap House (the first brewery/cidery in the Upstate) Pending/Proposed Downtown Projects New AC Marriott Hotel - a seven-story European-inspired concept that began in Spain and has spread to Italy, Denmark, France, Turkey, Portugal, and USA that will cater to the modern business traveler. The design will feature sleek guest rooms, a contemporary lobby, relaxing lounges, and state-of-the-art technologies Proposed 50,000 SF office complex - the building will be three stories and house 250 workers; this will bring new business to to Downtown Spartanburg, increase the tax base, and increase white collar jobs in the city Downtown Spartanburg Events Music on Main: live music, food, and beverages (April - July) Jazz on Square: live jazz on Morgan Square Greek Festival: delicious Greek food, pastries, music, dancing, and shopping Spring Fling: a favorite street festival with a wide variety of food and retail vendors. Special attractions include a cycling race and a family fun zone Skating on the Square: Open-air rink on Morgan Square (November - January)
5
6 For Lease Main Level Retail/Restaurant Floor Plan
7 Second Floor Office Floor Plan Second Floor Office Floor Plan
8 For Lease
9
10 1 Mile 5 Miles 10 Miles Total households 2,498 34,755 72,557 Total persons per hh Average hh income $47,835 $50,579 $57,224 Average house value $94,975 $160,949 $166,007 1 Mile 5 Miles 10 Miles Total population 7,637 92, ,171 Median age Median age (male) Median age (female) Mile 5 Miles 10 Miles Total population - White 3,381 51, ,388 % White 44.3% 56.2% 68.2% Total population - Black 4,166 35,585 50,291 % Black 54.6% 38.7% 26.3% Total population - Asian 14 1,726 4,279 % Asian 0.2% 1.9% 2.2% Total population - Hawaiian % Hawaiian 0.0% 0.0% 0.0% Total population - Indian % Indian 0.0% 0.2% 0.2% Total population - Other 14 1,429 3,018 % Other 0.2% 1.6% 1.6% 1 Mile 5 Miles 10 Miles Total population - Hispanic 92 5,642 11,922 % Hispanic 1.2% 6.1% 6.2% * Demographic data derived from 2010 US Census
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