The Georgia Trust

ENDANGERED PROPERTIES FOR SALE


Pace House

Pace House SOLD
213 N. Indian Springs Dr.       
Forsyth, GA 31029
c. 1875

Price: $60,000
Approximate square footage: 2,400*
Land: .55 acres

*Square footage is an estimate pending further information

 

Contact:
Kate Ryan
Programs Manager
404-885-7817
kryan@georgiatrust.org




Front facade


Rear


Side


Bedroom


Pace House

The c. 1875 Pace House sits just a half of a mile from the heart of Forsyth, Georgia and less than a mile from I-75.  This historic house, featuring a pedimented gable with pointed arch wood vents and shaped cornice brackets, was remodeled in the 1930s in the Colonial Revival style.  This property was saved due to a generous gift from the Wal-Mart Corporation and a Wal-Mart retail store is located directly behind it.  The two-story Pace House is zoned for commercial or residential use.  The house will need rehabilitation work and all systems will need upgrading.

The house may be eligible for several financial incentives, including an 8 1/2 year tax abatement and state and federal tax credits for substantial rehabilitation.


About The Georgia Trust Revolving Fund program

The Georgia Trust is a non-profit statewide preservation organization, part of a network of local, state and national organizations dedicated to the preservation of significant historic resources. The Revolving Fund Program was established to provide effective alternatives to demolition or neglect of architecturally and historically significant properties by promoting their rehabilitation and monitoring their preservation in perpetuity.

A buyer of a Revolving Fund property must sign a Reserved Conservation Easement and Preservation Agreement. The easement, which ensures the historic integrity of the property is retained, is attached to the deed in perpetuity and is monitored by The Georgia Trust. The preservation agreement specifies that all work done to the property must follow the Secretary of the Interior's Standards for Rehabilitation, and provides a rehabilitation schedule that indicates all work will be completed in a reasonable amount of time.


Study


Parlor

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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