8618 Old State RD Active

Holly Hill,SC 29059

$ 225000

- Bed

- Bath

16552 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 16,552 sqft

Price per Sqft $13

MLS Listing ID 31003444

Year Built 1950

Lot Size 0.380 Acres

Property Sub-Type Office

Property 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.

Location

State SC

County Orangeburg

Zoning Orangeburg - GC - General Commercial

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