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217 N Main St
Marion, SC 29571

Main Street Marion Development Project · Land For Sale · 0.20 AC

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INVESTMENT HIGHLIGHTS

Historic building registered on the State and National Registry.
Entitled project with third-party expertise in place (Attorneys, Architects, Engineers, Contractors).
Schematic Design Completed.

Approved Historic and Opportunity Zone Tax Credits that convey with the property.
Completed Phase I Environmental Site Assessment.
Schematic Design: 1st Level: Retail Space x 2 2nd Level: Residential Rentals x 6.

EXECUTIVE SUMMARY

Contact Agent for DD Package.
Rear parking lot and Courtyard
Call for details regarding the rendered guidance of the involved parties: Contractors, Engineering firms, and tax credit legal council.

PROPERTY FACTS Under Contract

Sale Type	Investment	Proposed Use	Commercial Retail Office Multifamily Hospitality
No. Lots	1	Total Lot Size	0.20 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Multifamily Hospitality
Total Lot Size	0.20 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price	$330,000	Lot Size	0.20 AC
Price Per AC	$1,650,000.00

Price	$330,000
Price Per AC	$1,650,000.00
Lot Size	0.20 AC

Main Street Marion Development Project +/-0.2

DESCRIPTION

The Main Street Marion building is an entitled project that's comprised of an 1885 historic bank, approved for both historic tax credits, and opportunity zone tax credits, as well as a completed Phase I and components of Phase II. Located in the heart of downtown Marion, SC, the proposed use of the building is mixed-use commercial with schematic design and floor plans completed for two retail spaces downstairs and up to six residential rentals upstairs. The unique revitalization project fits a demand for both food and beverage, and rental demand for the county.

PROPERTY TAXES

Parcel Number	506-04-09-000-000	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$8,496

PROPERTY TAXES

Parcel Number

506-04-09-000-000

Land Assessment

Improvements Assessment

Total Assessment

$8,496

ZONING

Zoning Code	C (Commercial)
C (Commercial)

Listing ID: 32010553
Date on Market: 6/4/2024
Last Updated:
Address: 217 N Main St, Marion, SC 29571

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