Prominent Retail/Restaurant building

Retail-Commercial for Sale
Catylist Listing ID: 30708544
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 5,300 SF
Gross Building Area: See Agent
Sale Price: $3,720,000
Unit Price: $701.89 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed, Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 7/28/2021

Overview / Comments

True corner of Main and Main! There is no option to replicate this location. 5,300 square foot fully operational restaurant space on approximately 1.3 acres at the entrance to the Azalea Square power center on North Main Street in Summerville, SC. Hard corner with full stoplit intersection. Take advantage of over 56,200 cars per day (SCDOT 2019). 80 on site parking spaces

This is not a sale leaseback or net investment, this is real estate only sale which can include non-proprietary FF&E.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 74 - Jedburg Rd-Black Tom-Hwy.17a-Col.Pk.
Tax ID/APN: 232-00-01-008
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Traffic/Vehicle Count: 56,200
Tenancy: Single Tenant
Property Condition: Good
Year Built: 1996
Year Renovated: 2013
Total Parking Spaces: 80

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,671 43,054 114,094
Median Age: 34.57 35.65 35.12
Households: 1,562 16,132 42,166


Photograph of Listing Agent

Will L Sherrod

NAI Charleston, LLC SCCMLS Member
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