Redevelopment Opportunity w/Potential Tax Credits Downtown Rock Hill

251 E. White Street Rock Hill, SC 29730

251 E. White Street, Rock Hill, SC, 29730
251 E. White Street, Rock Hill, SC, 29730 251 E. White Street, Rock Hill, SC, 29730 251 E. White Street, Rock Hill, SC, 29730 251 E. White Street, Rock Hill, SC, 29730
FOR SALE
Property Type:
Street Retail
Amount:
$699,000
Last Verified:
Nov 08, 2024

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Highlights

  • Potential tax credits from redevelopment
  • Opportunity Zone
  • Great location downtown Rock Hill
  • Relaxed parking requirements

Description

+/- 4,900 SF building perfectly suited for retail or office in downtown Rock Hill, SC.

Located in downtown Rock Hill, SC near new multi-family, office and retail in Knowledge Park .

Building Size: 4900sq ft
Building Class: B
Lot Size: 0.28 acres


Documents

SVN - Brochure (P)

Map of 251 E. White Street, Rock Hill, SC, 29730

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.