Former Thomasville City Memorial Hospital at 11 Pine Street — a rare full-city-block historic adaptive-reuse opportunity in Davidson County, North Carolina.
The property comprises three structures totaling approximately 43,366 square feet on about 4.42 acres: the four-story main hospital building (37,050 SF), the two-story nurses quarters (4,851 SF), and a garage (1,465 SF). The main building’s brick-and-concrete structure dates to circa 1930 and was confirmed sound by engineering study following a fire event circa 2017. Vacant since about 2017, the rehabilitation profile is a full interior gut with exterior brick and framing retained well suited to Historic Tax Credit qualification.
The property carries both National Register of Historic Places listing (July 2025) and local historic designation, supporting the Federal 20% Historic Tax Credit and North Carolina’s 15% state HTC, stackable with LIHTC. Zoning is R-6 High Density Residential. City-approved architectural drawings for a 39-unit multifamily conversion are already filed.
Pre-development work is substantially complete: MAI appraisal, Phase I & II environmental surveys, lead/asbestos abatement scoped and budgeted, MEP/architectural drawings, and a certified survey. Seller (Thomasville Apartments, LLC) is motivated and open to acquisition, joint venture, or option structures. Call for highest and best offers: https://11pinestreetom.netlify.app/
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