Hi There! Is this Your First Time?
Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.
- Price$70,500
- Acres0.11
7735 W Main Street, Ridgeland
Historic structure in Downtown Ridgeland, ''The High Point of the Lowcountry.'' This beautiful brick building, at the corner of W Main St. & N. Green St., has loads of potential and is ready for the right buyer that possesses an eye for value & passion for preservation. Known locally as ''the old bank building'' this property may be eligible for the SC Abandoned Buildings Revitalization Tax Credit. The corner location of this site provides a central location to Ridgeland's vibrant and growing downtown with street parking and all utilities at the site. This offering is comprised of two parcels with the outer one being a blank canvas for a new structure. It is NOT in a special hazard flood zone & has T4 zoning, allowing for a multitude of commercial applications. The SC Abandoned Buildings Revitalization Tax Credit would allow for the owner to take an income tax credit over 3 years on 25% of the rehabilitation costs, up to $700,000. It also provides for property tax credits of 75% on the site per year for up to 8 years. Consult a with tax professional for more details & eligibility requirements. The existing building is in need of structural bracing and a roof system. The Town owns the property and will only consider buyers that have the intent and means to preserve the property. Ridgeland, SC has several large projects in the works and this is a tremendous opportunity to get in on the ground floor of the Town's revitalization.
Essential Information
- MLS® #186630
- Price$70,500
- Bathrooms0.00
- Acres0.11
- TypeCommercial/Industry
- Sub-TypeCommercial
- StatusActive Under Contract
Amenities
- WaterfrontNo
- Golf CommunityN
Community Information
- Address7735 W Main Street
- AreaRidgeland
- SubdivisionTown of Ridgeland
- CityRidgeland
- CountyJasper
- StateSC
- Zip Code29936
Additional Information
- ZoningCommercial
Price Change History for 7735 W Main Street, Ridgeland, SC (MLS® #186630)
Date | Details | Price | Change |
---|---|---|---|
Active Under Contract (from Active) | – | – |
Data last updated: October 30th, 2024 at 10:15pm EDT and updating occurs every 15 minutes
© 2024 Low Country Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.