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Thursday, July 3, 2014

151 West Evans Street, Florence, SC 29501









151 West Evans Street, Florence, SC 29501
$350,000
15,000 SF


Description

Approximately 15,000 sf three-story building in the heart of Downtown Florence. Historical building presently in shell condition and being sold As-is. Art deco style, brick building was built in 1920 and is an architectural jewel. Property is zoned B-4 and has front and rear public parking. The Rainwater Building offers a fantastic opportunity for a buyer to have a highly visible location for its use or lease out to multiple tenants for income. The building allows for renovation into retail, professional offices or food/beverage on the street level, and/or professional offices or apartments on the upper levels.

Growing Downtown Florence location. Located on West Evans Street, the building is situated across the street from Hotel Florence, as well as Victor's Bistro, legal offices, the Art Trail Gallery and more. The building is adjacent to the City County Complex and just a short walk from the FMU Performing Arts Center and the new Florence museum.



This building is a 3-story, 15,000-square-foot structure located on the north side of the 100 block of Evans. Unlike most of the buildings in downtown Florence, the Rainwater Building has undergone very few alterations since its early life as a “Business University,” later as dental and law offices, and other commercial and retail uses. The front facade, which is tan brick veneer with symmetrical window composition, has unique cast stone geometric detailing typical of the Art Deco style.

The most significant proposed modification to the front is to remove aluminum frame and canvas awning system that was added in the 1960s and replace it with detailing that matches the original design. Research shows this was a horizontal, rigid structure suspended by four angled chains anchored to hooks located at decorative iron medallions on the cast stone.

The rear facade, which now faces the Florence City-County Complex, was never intended to be a primary focus. It is proposed that the less formal window composition be maintained and a suspended awning system similar to the front facade be added over the entrance.

After repairs, restoration and minor design modifications are made, this structurally sound building could be rescued to take on a second life as an architectural jewel with multiple tenants and uses, including retail, restaurant, office or even residential.

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