For Sale
$295,000

220 220 Pinckney StTimmonsville, SC 29161

Prime Commercial Redevelopment Opportunity

Overview

Added:
Feb 3
Days on market:
61
This exceptional 20,000 square foot historic building, formerly Timmonsville High School (built in 1909), presents a unique redevelopment opportunity in Timmonsville, SC. Located just two blocks from Main Street, this property boasts a rich history, having been attended by NASCAR legend Cal Yarborough and FBI Agent Melvin Purvis. The extensive due diligence is complete, including Phase 1 and Phase 2 environmental studies, a 20-year Bailey Bill status approved by the Town Council, and design renderings for a multi-unit housing facility. This package significantly streamlines the development process. The property's eligibility for local and federal tax credits offers substantial cost offsets. Priced at $295,000, this is a compelling investment. A potential equity partnership with the current owner is available, offering a 49% stake for $150,000, contingent upon satisfactory financial documentation. This is a rare chance to acquire a property with significant historical significance and substantial redevelopment potential, ready for the next phase of development. Interested parties must schedule a private tour.

Property Details for 220 220 Pinckney St

Property type
Square Feet
20,000 SF
Year Built
1909

Location Insight

City
Timmonsville
County
Florence
State
South Carolina
Latitude
34.13559
Longitude
-79.94595
220 220 Pinckney St, Timmonsville, South Carolina

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220 220 Pinckney St
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