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Listing No. 29232

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For Sale By Owner

$ 400,000

1907 Italianate

111 East Laurens Street
Laurens, South Carolina

Old Palmetto Bank Building

Old Palmetto Bank Building On Public Square
Old Palmetto Bank Building On Public Square
20,000+ sq ft Historically Significant Building on the Public Square in Laurens, South Carolina with 4 Available Tax Credits. Constructed in 1907, the building shows the influence of the Italian Renaissance Palazzo in American Commercial Buildings. With exterior dimensions of 91.53 ft x 57.05 ft, the building consist of 20,884 sq ft spread over three above ground floors and a basement floor with separate entrances.
The ground floor is occupied with three commercial businesses that generate a monthly income of $1,955.00 per month. The upper two floors have not been rehabilitated but qualify for one Federal Tax Credit, two South Carolina Tax Credits, and is located within the federally designated Opportunity Zone 9204. Part One and Part Two Applications have been approved by the National Park Service.


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Western Elevation of the building
Western Elevation of the building
Ground Street Entrance to upper two floors
Ground Street Entrance to upper two floors
Classical Cornices located in Unit 101
Classical Cornices located in Unit 101
Marble Wainscoat in Unit 101
Marble Wainscoat in Unit 101
Art Cooperative located in Unit 102
Art Cooperative located in Unit 102
Coffee Shop located in Unit 102
Coffee Shop located in Unit 102
Edward Jones Office in Unit 101
Edward Jones Office in Unit 101
Second Floor Hallway
Second Floor Hallway
Third Floor looking South toward the Square
Third Floor looking South toward the Square

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Mike Glasgow

Phone: 615-972-1818

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More About This House

The entire building can be purchased for $400,000 which includes an assignment of all available tax credits, and an adjacent lot for future parking.

The ground floor Unit 101 and the basement unit under it of 101-B totaling 4,328 sq ft can be purchased for $150,000.

The ground floor Unit 102 (and its mezzanine) and the basement unit under it of 102-B totaling 4,697 sq. ft can be purchased for $150,000.

The entire second floor and entire third floor (as is with no utilities in place) totaling 9472 sq ft can be purchased for $150,000. This includes an assignment of all available tax credits.

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Listing No. 29232

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Like This Listing?

Contact the Seller directly.

Mike Glasgow

Phone: 615-972-1818

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