Develop Neighborhood Commercial Opportunity

Special Purpose for Sale
Catylist Listing ID: 30761625
Property Subtypes: Assembly/Meeting Place, Cemetery/Mausoleum, Funeral Home/Mortuary, Health Care/Medical, Library, Mine/Quarry, Museum/Gallery, School/University, Senior Housing, Sports/Entertainment, Other
Building Status: Proposed
Building Size (RSF): 10,000 SF
Gross Land Area: 7.94 - 8 Acres
Sale Price: $198,750
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed, Cash to Seller, Other
Cap Rate: 8.0%
Last Updated: 10/15/2021

Overview / Comments

Great Opportunity to Purchase and Develop this Visible, Corner Property with 7.94 acres that is Zoned Neighborhood Commercial, which is located in the Center of Walterboro and only minutes to the Lowcountry Reginal Airport which offers 3 Runways, the University of SC Salkehatchie Campus, the Colleton Medical Hospital, and Developed Industrial Sites along I-95. Walterboro, is known for its History, Hospitality, Community and Family Events, with a Varity of Specialty Shops and Local Brand-Named Stores. This Property has it All, Location, Endless Possibilities, and it's Your Opportunity to Purchase, Develop and Serve the nearby Residential District Area. Providing Opportunities for an Assembly/Meeting Place, Cemetery/Mausoleum, Funeral Home/Mortuary, Health Care/Medical, Library, Mine/Quarry, Museum/Gallery, School/University, Senior Housing, and Sports/Entertainment. This property is Price to SALE!! Make Plans to Stop by and See This Property Today!!

Additional Details

Nearest MSA: Charleston-North Charleston
County: Colleton
Submarket/Township: 82 - Colleton County
Submarket Type: Airport District
Taxing Authority: Walterboro
Tax ID/APN: 164-05-00-103
Zoning: NEIGHBORHOOD COMMERCIAL
Property Located Between: Wichman and Robertson Blvd.
Property Visibility: Excellent
Largest Nearby Street: Wichman- Robertson Blvd
Feet of Frontage: 1,062
Traffic/Vehicle Count: 4,600
Highway Access: Located in the Center of Walterboro and only minutes to the Lowcountry Reginal Airport which offers 3 Runways, the University of SC Salkehatchie Campus, the Colleton Medical Hospital, and Developed Industrial Sites along I-95.
Airports: Lowcountry Regional Airport- Walterboro
Site Description: Neighborhood Commercial- (C-O) Agents, information per the zoning is attached with the documents for your review. Providing Opportunities for an Assembly/Meeting Place, Cemetery/Mausoleum, Funeral Home/Mortuary, Health Care/Medical, Library, Mine/Quarry, Museum/Gallery, School/ University, Senior Housing, and Sports/Entertainment.
Area Description: To provide for limited commercial uses in the areas which are intended to serve the nearby residential areas. It is intended that this district be established within urban areas, near population centers, to provide for the community or reginal nature. ( Under 10,000 square feet of gross area, maximum can be built) (1 dwelling unit per 2,500 net square feet for a building intensity can be built) ( building age was placed only because it was a requirement- to submit as a special purpose vacant land for develop opportunities )
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Property Condition: Excellent
Year Built: 1900
Exterior Description: Property has great visibility, currently is vacant land with located in the Center of Walterboro and only minutes to the Lowcountry Reginal Airport which offers 3 Runways, the University of SC Salkehatchie Campus, the Colleton Medical Hospital, and Developed Industrial Sites along I-95.
Parking Type: Other
Zoning Description: Neighborhood Commercial- To provide for limited commercial uses in the areas which are intended to serve the nearby residential areas. It is intended that this district be established within urban areas, near population centers, to provide for the community or reginal nature. Agent, zoning is available with the documents for your review. Providing Opportunities for an Assembly/Meeting Place, Cemetery/Mausoleum, Funeral Home/Mortuary, Health Care/Medical, Library, Mine/Quarry, Museum/Gallery, School/University, Senior Housing, and Sports/Entertainment.
Lot Frontage: 1062
Lot Depth: 656
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: TMS# 164-05-00-103 (Tract B - 7.94 acres) Us 17-A Wichman St & Old Air Base Rd. Recorded in plat book 698 on page 3.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,916 9,830 16,729
Median Age: 42.64 40.36 38.95
Households: 755 3,905 6,395

Contact

Photograph of Listing Agent

Shannon M Guess

RE/MAX All Country SCCMLS Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.