We present results from optical photometric and spectroscopic observations of the eruptive pre-main sequence star V582 Aur. Variability of the star was reported a few years ago when it was suspected as a possible FU Orionis object. Due to the small number of currently known FUors, a new object of this type is ideal target for follow-up photometric and spectroscopic observations. We carried out BVRI CCD photometric observations in the field of V582 Aur from 2009 August to 2013 April. We acquired high-, medium-, and low-resolution spectroscopy of V582 Aur during this period. To study the pre-outburst variability of the target and construct its historical light curve, we searched for archival observations in photographic plate collections. The pre-outburst photographic observations of V582 Aur show low-amplitude light variations typical of T Tauri stars. Archival photographic observations indicate that the increase in brightness began in late 1984 or early 1985 and the star reached the maximum level of brightness at 1986 January. Our BVRI photometric observations show large amplitude variations ({Delta}V~2.8mag.) during the 3.5 year period of observations. Most of the time, however, the star remains in a state close to the maximum brightness. The deepest drop in brightness was observed in the spring of 2012, when the brightness of the star fell to a level close to the pre-outburst. The multicolor photometric data show a color reversal during the minimum in brightness, which is typical of UX Ori variables.