Listing Summary
Trophy adaptive reuse investment in Rock Hill, SC. The Power House offers 37 luxury lofts & activated commercial space for $12.5M in University Center.
Full Description
Trophy Adaptive Reuse Mixed-Use Asset | Power House in Rock Hill, SC
An extraordinary commercial real estate investment opportunity in the heart of Rock Hill, South Carolina: The Power House, an award-winning adaptive reuse mixed-use property offered at $12,500,000 ($337,838 per unit).
Spanning 70,400 square feet across 5 stories on a 1.30-acre lot, this premier Class B asset perfectly merges rich historical industrial architecture with bold, high-end contemporary design. Built out in 2023, The Power House creates a visually compelling, highly activated community hub that captures continuous foot traffic and strong demand in the rapidly growing Rock Hill market.
Located within a designated Opportunity Zone and zoned MP-C, the property provides unique tax advantages paired with robust long-term value appreciation.
Dynamic Multi-Tenant Revenue Mix: Luxury Lofts, Dining & Retail
The Power House combines upscale residential living with a vibrant, curated commercial center, ensuring diversified revenue streams and constant property activation.
Luxury Multifamily Component
Curated Commercial & Retail Core
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2 Full-Service Restaurants & 3 Food Hall Stalls
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3 Flexible Retail / Office Suites
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Dynamic Tenant Roster: Includes Pour Market Gourmet Food & Beer Garden, Mug and Maple Wellness Cafe, The Most Dope Coffee, and Red Wolf Martial Arts Academy.
Prime Strategic Location: Rock Hill's University Center District
Positioned at the epicenter of Rock Hill’s walkable University Center District, The Power House benefits from exceptional submarket fundamentals, heavy foot traffic, and institutional synergy:
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Academic & Community Anchor: Situated just one block from Winthrop University, driving continuous student, faculty, and alumni engagement.
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Entertainment & Hospitality Hub: Located steps from two sports/event arenas, a upscale Cambria Hotel, and an array of popular dining and retail destinations.
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Activated Event Lawn: Directly adjacent to a year-round programmed event lawn that serves as a focal point for community gatherings, festivals, and visitor traffic.
Property Specifications & Investment Summary
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Offering Price: $12,500,000
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Price Per Unit: $337,838
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Total Building Area: 70,400 SF
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Lot Size: 1.30 AC
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Number of Units: 37 Luxury Multifamily Lofts + Commercial Suites
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Number of Stories: 5
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Year Built / Adaptive Reuse Completed: 2023
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Property Type: Multifamily / Mixed-Use (Commercial & Retail)
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Building Class: B
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Zoning: MP-C
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Tax Status: Located in an Qualified Opportunity Zone (QOZ)
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Safety & Security: Comprehensive smoke detection and fire safety systems throughout
Quick Glance
- Listing ID:
CL-South Carolina-28
- Status:
Active
- Year Build:
2023
- Building Size:
70,400 SqFt
- Lot Size:
1 Acr
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