Case Study · Historic Renovation

140 GadsdenBringing Chester’s 1924 Schlosburg Building Back

The former Schlosburg Department Store in downtown Chester is becoming 11 boutique apartments over street-level retail, part of a $3.4 million Kuester commitment to two landmark buildings.

140 Gadsden, the restored 1924 Schlosburg Building in downtown Chester
140 Gadsden today
The Schlosburg Department Store building in the early twentieth century
ThenNow

Then and Now

A Department Store, Reimagined

Designed in 1923 and finished in 1924, the building anchored downtown Chester as the Schlosburg Department Store. Drag to compare it then and today.

The Project

Residences Upstairs, Retail on the Street

Eleven boutique apartments fill the upper floor. The ground floor holds two retail units: WorkAbility’s coworking café and a ±2,671 SF corner suite available for a restaurant or retail tenant. Ownership will install a hood and grease trap for the right restaurant.

Address
140 Gadsden St, Chester, SC
Built
1924
Program
11 apartments over two ground-floor retail units
Zoning
Central Commercial (CC)
Investment
$3.4M committed in 2023 across 140 Gadsden and 113 Main

Incentives

Projects Like This May Be Eligible for

OZ

Opportunity Zone benefits

Bailey Bill

County and city property tax incentives

Historic

Federal and South Carolina historic tax credits

Abandoned

South Carolina abandoned buildings credit

For discussion only, not tax or legal advice. Eligibility varies by property.

Kuester President Shaw Kuester outside 140 Gadsden in Chester

Why Chester

We Got In Early

Chester County has drawn $2.52 billion in new capital investment since 2020, and rents inside the J.A. Cochran Bypass are at a 10-year high. Kuester committed to downtown before the growth arrived.

Explore the Chester market

The Corner Suite Is Available

A ±2,671 SF restaurant or retail space in a restored 1924 landmark, with residents upstairs.