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Commercial For sale Multifamily Low/Mid Income

The Power House | Award Winning Adaptive Reuse | 37 Luxury Residential Lofts + Retail

378 Technology Center Way, Rock Hill, South Carolina 29730

$12,500,000
$178 / sq ft Listed Aug 6, 2026
70,400 sqft
Building
1 acres
Lot
2023
Built
5
Stories
37
Units
Class B
Class

About this property

The Power House | Award Winning Adaptive Reuse | 37 Luxury Residential Lofts + Retail is a multifamily for sale in Rock Hill, South Carolina, listed at $12,500,000. Key details: year built 2023, building size 70,400 sqft, lot size 1 acres, stories 5. Listed by Michael Bull, CCIM of Bull Realty - TCN Worldwide on LoopingCloud and last updated August 6, 2026.

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

  • 37 Class A Luxury Loft Residences: High-end rental units offering open layout industrial concepts, premium finishes, and modern resident amenities.

Curated Commercial & Retail Core

  • 2 Full-Service Restaurants & 3 Food Hall Stalls

  • 3 Flexible Retail / Office Suites

  • 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:

  • Academic & Community Anchor: Situated just one block from Winthrop University, driving continuous student, faculty, and alumni engagement.

  • Entertainment & Hospitality Hub: Located steps from two sports/event arenas, a upscale Cambria Hotel, and an array of popular dining and retail destinations.

  • 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

  • Offering Price: $12,500,000

  • Price Per Unit: $337,838

  • Total Building Area: 70,400 SF

  • Lot Size: 1.30 AC

  • Number of Units: 37 Luxury Multifamily Lofts + Commercial Suites

  • Number of Stories: 5

  • Year Built / Adaptive Reuse Completed: 2023

  • Property Type: Multifamily / Mixed-Use (Commercial & Retail)

  • Building Class: B

  • Zoning: MP-C

  • Tax Status: Located in an Qualified Opportunity Zone (QOZ)

  • Safety & Security: Comprehensive smoke detection and fire safety systems throughout

Key highlights

  • Zoning MP-C
  • Price Per Unit $337,838
  • Year Built/Renovated 1929/2023
  • Multifamily Cap Rate 5.5%
  • Retail Cap Rate 7.25%
  • Retail SF 16,380 SF

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
2023
Building Size
70,400 sqft
Lot Size
1 acres
Stories
5
Total Units
37
Building Class
Class B
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

$178
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $12,500,000 7.25% - - -

Features and amenities

Property Features

  • Zoning: MP-C
  • Price Per Unit: $337,838
  • Year Built/Renovated: 1929/2023
  • Multifamily Cap Rate: 5.5%
  • Retail Cap Rate: 7.25%
  • Retail SF: 16,380 SF

Highlights

  • Award-Winning Adaptive Reuse Design (2023 Build): Features a stunning blend of historical industrial architecture and modern luxury, spanning 70,400 SF across 5 stories with zero deferred maintenance
  • Diversified Dual-Revenue Stream: Combines 37 Class A luxury residential lofts with a vibrant commercial core featuring 2 full-service restaurants, 3 food hall stalls, and 3 retail/office suites (including tenants like Pour Market and Red Wolf Martial Art
  • Prime Location in University Center District: Situated in a high-foot-traffic, walkable district just one block from Winthrop University, two major event arenas, a Cambria Hotel, and an active year-round community event lawn.
  • Qualified Opportunity Zone Benefits: Located in a designated Opportunity Zone (Zoned MP-C), offering investors significant long-term tax incentives and capital gains advantages.
  • Attractive Basis at $12.5M ($337,838/Unit): Priced competitively for a newly delivered, fully activated mixed-use destination in the expanding Rock Hill, SC submarket.

Location

Address as shown by the lister.

Get directions

About this area - Rock Hill

Population
45,913
Housing units
18,027
Land area
119.6 sq mi
County
York

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

Additional contacts

1 person to reach
  • Ramon García - Ramon@BullRealty.comV.P. Multifamily Investments - License: GA 430677 (404) 876-1640

Frequently asked questions

What is the asking price of The Power House | Award Winning Adaptive Reuse | 37 Luxury Residential Lofts + Retail?

The Power House | Award Winning Adaptive Reuse | 37 Luxury Residential Lofts + Retail is listed at $12,500,000. That works out to about $178 per square foot.

Where is The Power House | Award Winning Adaptive Reuse | 37 Luxury Residential Lofts + Retail located?

The property is in 378 Technology Center Way, Rock Hill, South Carolina 29730, York County.

What type of property is this?

This is a multifamily for sale in the commercial category.

How big is the property?

The building is 70,400 sqft. The lot is 1 acres.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Michael Bull, CCIM of Bull Realty - TCN Worldwide listed this property. Use the Request Info button to send a message or call (404) 876-1640.

When was this listing published?

It was published on August 6, 2026 and last updated on August 6, 2026.

Listing information

Listing ID
CL-South Carolina-28
Published
Aug 6, 2026
Last updated
Aug 6, 2026

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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