Historic Property | For Sale | Offered at $245,000
JOIN US FOR OPEN HOUSE | THURSDAY, MAY 19th, 2022 | 4:00-7:00 PM
2001 Lincoln Street was included in the National Register of Historic Places nomination for Columbia Historic District I in May of 1971. Since then, the building has maintained its original shape and form and the current owner has taken great care to retain the original wood siding. This allows the property to potentially qualify for several local and state tax incentives that are available for historic properties.
To Learn More about the National Register of Historic Places: Visit This Page
LOOKING TO THE FUTURE
Most recently, 2001 Lincoln was utilized as an office building for a local attorney. There are many possibilities and options for its future use including commercial, residential, and/or some combination of both (contingent on zoning approval). With three gracious sized rooms, a kitchenette, reception area, and half-bath downstairs, the space is perfect for a small office or could be re-invented into a single family home. Upstairs are two additional rooms and a full bath. The tall ceilings and wide front porch give this property loads of Southern charm. Close to everything downtown Columbia has to offer, you can walk to the courthouse, Main Street, the Bull Street District, Soda City, and more! It is also convenient to I-26 and the I-20 interchange making it the perfect location for a travelling business person’s home base.
TAX INCENTIVES
Should this property be able to be determined to still contribute to the historic character of the National Register historic district, it may qualify for a combination of local, state, and/or federal tax incentive programs. There is a simple certification process the property must undergo to qualify. To Learn more about these programs: Visit This Page
This is a wonderful opportunity for someone to bring this unique property new life. We will have additional information available on site at our upcoming Open House. Hope to see you there!
The specific historic property tax incentives you could qualify for will be determined by whether you decide to use this property as a residential structure or for income-producing activity. Income-producing tax incentives are the most significant, allowing a federal tax credit equal to 20% of the rehabilitation costs. For more information, download the Preservation Hotline from the SC State Historic Preservation Office below.