Sawyer Building
Potential for State and Federal Historic Tax Credits, Owner Occupant
Marketing description
SVN | REA is pleased to offer for sale 110 N. Churton Street, commonly known as the Sawyer Building, a rare opportunity to acquire a commercial building in the heart of downtown Hillsborough, NC. Situated along Churton Street within the Town’s historic core, the property benefits from exceptional visibility, walkability, and long-term demand driven by Hillsborough’s limited supply of downtown commercial buildings.
The property is well-positioned for continued commercial use, owner-occupancy, or future adaptive reuse consistent with the Town’s downtown vision.
Investment highlights
Lease Status: Currently leased with a short remaining term
Historic District: Located within the Hillsborough Historic District; subject to Certificate of Appropriateness review for exterior modifications
Tax Credits: Potential for state and federal Historic Tax Credits for qualified rehabilitation costs (tax credits are dollar-for-dollar reductions in state/federal tax liability)
Prime Location: Situated in downtown Hillsborough, with strong pedestrian traffic and immediate access to shops, restaurants, civic uses, and more
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