Listed by Coldwell Banker Commercial Atlantic
$225,000
8618 Old State Road
Details
APN 03322007005
Property Type Special Purpose
Square Footage 3,350
Year Built 1950
Acreage 0.380
Zoning Orangeburg - GC - General Commercial
Special Purpose | 3,350 SqFt
Marketing description
Historic building for sale in Holly Hill, SC. Sale includes 8618 Old State Rd (Orangeburg County TMS#: 0332-20-07-005) and the adjacent vacant lot (Orangeburg County TMS#: 0332-20-07-004). The building was originally a bank, and still showcases the attractive architecture of the time. Take advantage of the property being located in a federally designated Opportunity Zone, which offers tax incentives. The Holly Hill downtown area was also recently designated as a Historic District, allowing for further tax incentives for developers. Holly Hill is located in the path of growth, with several hundred homes in the pipeline to be built over the next few years. The building has been vacant for several years, and there is a significant amount of deferred maintenance, however, the ''bones'' of the building seem to be solid. Excellent opportunity for a developer to come in and bring life back to a historic building, while taking advantage of the various tax incentive programs available.
Listing Contacts
Listed by Coldwell Banker Commercial Atlantic
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