For Sale By Owner
Laurens, South Carolina
Old Palmetto Bank Building
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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More About This HouseThe 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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