This Opportunity Zone property with 4 buildings near the old Navy Base may offer a trifecta of tax incentives, as it may also be eligible for the Historic Rehabilitation tax credit and the Abandoned Buildings Revitalization tax credit. Initially constructed during World War I and rebuilt in World War II, St. Peterâ€™s by the Sea church served the Navy Base community for most of a century. This complex includes four buildings on approx .77 acres near the intersection of Spruill and Reynolds Avenue: the main brick church building, approx 3,300 sq.ft., that is dry but needs some work, a 4,000 sq.ft. brick rectangular building that needs a new roof and new interior, a 1,500 sq.ft. remodeled office that was once a residence, and a 1,500 sq.ft. ready-to-renovate office that is cleaned out down to the studs (this office could also be removed to increase parking). ï»¿The centrally located complex is only 8 minutes from downtown and 6 minutes from West Ashley, This property is approved by the City of North Charleston for B1 zoning.
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