Property Description

This offering includes 408 Main Street and the Former Carolina Theater in Downtown Conway, South Carolina. 408 Main Street is a two-story, approximately 4,800 square foot mixed use building on Main Street in the City of Conways Central Business District. The first floor of this building is occupied by Yogedlic, a yoga/fitness business. The second floor is divided into 3 apartments; a 2 bedroom, 1 bedroom, and studio. This building was built in 1940, as the front entrance to the Carolina Theater, and has been since renovated. This property has 33 frontage on Main Street and 101 depth. The Carolina Theater Building is a multi-story brick building with a 8,520 square foot footprint located behind 408 Main Street on Kingston Alley. This building is on a separate parcel from 408 Main Street, and redevelopment may receive tax incentives to include Federal Historic Rehabilitation Credit, SC State Historic Tax Credit, SC State Abandoned Building Credit, and Bailey Bill incentives. The building has 60 frontage on Kingston Ally and 142 depth, with enough height to potentially accommodate 3 levels of of revenue generating space.

Property Features