Description
Historic and Abandoned Building Tax Credit property ready for the next step in development! Seize the opportunity to be part of history and purchase this historic high school built in 1909. For the history buff, you can purchase the school where FBI Agent Melvin Purvis, the man that captured John Dillinger, attended during his teenage years. The school is +/- 20,000 sqft and sits on a large parcel 2 blocks from Main Street in Timmonsville. Included in package: Phase 1 Study, Phase 2 Study, Bailey Bill status for 20 years approved by Town Council, and design renderings for Multi Unit Housing Facility. Due diligence has been done and this project is ready for the next phase of design and construction. Potential partnership with the current owner will be considered with supportive financials. Properties that check all the boxes for local and federal tax assistance are hard to find. This property has outstanding potential and opportunity for transferable tax credits to offset development cost. Priced to sell quickly. Equity split opportunity of 49% also available for $150,000; with supportive financials. ALL INTERESTED PARTIES MUST BE ACCOMPANIED BY THE LISTING BROKER OR A SC LICENSED & INSURED REAL ESTATE BROKER TO GAIN ACCESS & SCHEDULE A PRIVATE TOUR. ALL REAL ESTATE BROKERS MUST SPEAK WITH THE LISTING BROKER PRIOR TO VIEWING THIS HISTORIC PROPERTY.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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20,000SQFT
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$15$/SQFT
School Ratings & Info
Description
Historic and Abandoned Building Tax Credit property ready for the next step in development! Seize the opportunity to be part of history and purchase this historic high school built in 1909. For the history buff, you can purchase the school where FBI Agent Melvin Purvis, the man that captured John Dillinger, attended during his teenage years. The school is +/- 20,000 sqft and sits on a large parcel 2 blocks from Main Street in Timmonsville. Included in package: Phase 1 Study, Phase 2 Study, Bailey Bill status for 20 years approved by Town Council, and design renderings for Multi Unit Housing Facility. Due diligence has been done and this project is ready for the next phase of design and construction. Potential partnership with the current owner will be considered with supportive financials. Properties that check all the boxes for local and federal tax assistance are hard to find. This property has outstanding potential and opportunity for transferable tax credits to offset development cost. Priced to sell quickly. Equity split opportunity of 49% also available for $150,000; with supportive financials. ALL INTERESTED PARTIES MUST BE ACCOMPANIED BY THE LISTING BROKER OR A SC LICENSED & INSURED REAL ESTATE BROKER TO GAIN ACCESS & SCHEDULE A PRIVATE TOUR. ALL REAL ESTATE BROKERS MUST SPEAK WITH THE LISTING BROKER PRIOR TO VIEWING THIS HISTORIC PROPERTY.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed. Neither The Realtor Association of Greater Pee Dee, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by The Realtor Association of Greater Pee Dee for use by its members and is not intended for the use for any other purpose.