OFFERS DUE 8/3 - 1460 - 1470 Ben Sawyer Blvd - Zoned AB

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30740928
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Status: Pending/Contingent
Gross Land Area: 3.99 SF
Sale Price: $7,000,000
Unit Price: $1,754,385 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2021

Overview / Comments

This is a great corner location in the Heart of Mt. Pleasant. This 3.99 acres is located at the corner of Ben Sawyer Blvd and Center Street on the way to Sullivan's Island. The site includes the following TMS numbers: (1) 532-11-00-152 of 0.42 acre with an approx. 2,385 SF building NNN leased to Santi's Mexican Restaurant; (2) 532-11-00-137 of 2.35 acres with sand volleyball courts on it leased month to month; and (3) 532-11-00-211 of 1.22 acres with one vacant building of approx. 5,216 SF that was the old Page's Thieves Market and one vacant building of approx. 2,771 SF. The site has three curb cuts on Ben Sawyer and two curb cuts on Center St. The site is zoned Areawide Business in the Town of Mt. Pleasant and has a height limit of 35 feet. The Santi's lease will expire on April 30, 2022. The NNN rent is $5,219.10 per month. They have one five year option to renew with 3% annual increases. NOTE: The property is being offered on a Call for Offers Basis. The listing price is not $1.00. The call for offers date is August 3, 2021.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 42 - Mt.Pleasant South of IOP Connector
Tax ID/APN: 532-11-00-137
Zoning: OTHER
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,270 38,003 83,692
Median Age: 39.14 40.84 39.02
Households: 3,237 16,967 35,238


Photograph of Listing Agent

Charles S Carmody

Photograph of Listing Agent

Ryan P Carmody

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