This expansive property offers over 200,000 square feet of versatile space, ideal for a variety of business needs. The property features a large rock parking lot, providing ample parking capacity for employees and customers alike. Size & Layout: 4 levels with functional freight elevators and shafts, supporting 100-150 residential units per initial feasibility study.
Condition: Structurally sound, verified by a structural engineer’s walk-through with no major concerns. Phase 1 environmental studies cleared.
Tax Incentives: Previous applicant for IHCDA A-C & B-C tax credits. Historic Part 1 under review, with approval expected by August 2025, making it eligible for Historic Tax Credits. Local incentives may also be available.
Zoning & Support: PUD zoning allows flexibility for residential, mixed-use, or industrial commercial development. Local government is highly supportive of residential or mixed-use projects.
Location: Prime spot near downtown Jasper, enhancing accessibility and appeal.