408 Main Street & The Former Carolina Theater

408 Main Street and the Conway Theater are located between Main Street and Kingston Ally, adjacent to the signalized intersection of Fourth Avenue/Highway 905 and Main Street in Downtown Conway. This site is located 1 block north of Conway City Hall, and is within a 1 block walking distance to retail, financial service, government service, and restaurants in Conway's Central Business District.This offering includes 408 Main Street and the Former Carolina Theater in Downtown Conway, South Carolina. 408 Main Street is a two-story, approximately 4,800 square foot mixed use building on Main Street in the City of Conway’s Central Business District. The first floor of this building is occupied by Yogedlic, a yoga/fitness business. The second floor is divided into 3 apartments; a 2 bedroom, 1 bedroom, and studio. This building was built in 1940, as the front entrance to the Carolina Theater, and has been since renovated. This property has 33’ frontage on Main Street and 101’ depth. The Carolina Theater Building is a multi-story brick building with a 8,520 square foot footprint located behind 408 Main Street on Kingston Alley. This building is on a separate parcel from 408 Main Street, and redevelopment may receive tax incentives to include Federal Historic Rehabilitation Credit, SC State Historic Tax Credit, SC State Abandoned Building Credit, and Bailey Bill incentives. The building has 60’ frontage on Kingston Ally and 142’ depth, with enough height to potentially accommodate 3 levels of of revenue generating space.