298 By Pass 123 Highway, Seneca, SC 29678 - Oconee County

Discover a unique investment opportunity with this expansive property featuring 1.94 acres and a 21,642 SF building, formerly the John Deere Tractor facility. The property boasts 258 feet of Highway 123 frontage, ensuring excellent visibility and accessibility. Additionally, a contiguous 2.013-acre parcel—previously a mobile home park—is included. This adjacent parcel, accessible off 210 Worth Street (located one block up on Debra Street), enhances the overall development potential. Worth Street conveniently dead-ends at Old Salem Road, which leads directly to the Lake Keowee Marina/Tiki Hut area, adding to the locale’s appeal.

The Seneca Journal had an article on August 29th, 2024 that Governor McMasters signed an Abandoned Buildings Tax Credit extending to year 2035 for vacant buildings where at least two-thirds of a building has been vacant for at least 5 years, in order to qualify, allowed savings up to $ 700K, to qualify rehabilitation costs must be at least $ 75K, $ 150K or $ 250K depending on the population of the city or town, the building is located.

Please note that the building is identified by a city tax map number while the former mobile home park is recorded under a county tax map number. Buyers are encouraged to verify all details, including square footage, to ensure all aspects meet your investment criteria.

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