120 E Elm Street, Florence SC 29506 $1,750,000 – UNDER CONTRACT

UNDER CONTRACT

Opportunity zone Investment 120 E. Elm St. Florence SC is a 20th century school that has been converted to a 2 story +/-49,441 SqFt building that currently houses the Forum Spa, Fitness Forum, and 14 residential apartments. The building contains various functions of the fitness facility while the 2nd floor contains the apartment units. Included within this facility is a pro-shop, administrative offices, children’s daycare, weight room, cardio area, inside running track, racquetball court, functional training area and men’s and women’s locker rooms. There is also a in ground pool and enclosed patio on site. This property offers an excellent opportunity to invest in +/- 2.5-acres located in an Opportunity zone and the highly desirable Downtown Florence. Nearby Amenities Include: • Medical University of South Carolina Cedar St Medical Center • Doctors Bruce and Lee Foundation Library • Florence Little Theater • FMU Performing Arts Center • McLeod Regional Medical Center • The City Center • The County Complex • Downtown Attractions • Excellent Access to Employment Center New ownership can take advantage of the layout of the building and the 1.64-acres to build upon the current rental income. This parcel also has 72 parking spaces in the rear of the building and an adjacent 0.84-acre paved lot has an additional 90 spaces. Both Tax Map Numbers 90088-04-017 & 90088-03-005 will convey at closing.

MLS #20191788

Location

120 East Elm Street, Florence, SC, USA

Agent