In York, SC, a historical brick building, once serving as a county jail, is on the market for $575,000. Despite its storied past with multiple owners, remnants like window bars reflect its institutional heritage. The current seller, after owning the property for 18 years, seeks to find a buyer who can modernize it to unlock its potential, possibly by improving energy efficiency for higher rental income. The six-unit building includes 0.72 acres, off-street parking, and notable architectural features like red-brick walls and hardwood floors.
The current seller aims to move on from managing the historical property, which once functioned as a jail, to a new owner who can make necessary updates.
Bob Smith highlights the need for modernization of the building to improve energy efficiency, attracting higher rental rates to enhance net operating income.
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