Catylist ID: #30348876
1969 Central Park Rd Charleston, SC 29412
Retail-Commercial for Sale
|Catylist Listing ID:||30348876|
|Property Subtypes:||Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other|
|Building Size (RSF):||1,630 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.32 Acres|
|Unit Price:||$245.40 PSF|
|Property Use Type:||Investment, Business|
|Sale Terms:||Cash to Seller|
Overview / Comments
This Commercial kitchen, currently used as a food truck tie off with several paying tenants is an Excellent turn key investment ready to go.
Tenants have expressed interest in staying on after the sale which would make this property an instant income producer.
Location can also be used for a catering business or small restaurant. The hood, gas range and dishwasher convey with the property. Tons of room for parking or storage for food truck/trailers.
Property produces an 8% cap rate at current price. There is room to improve that number by increasing the tenant capacity of the building.
Located on James Island on almost a half-acre of land with quick access to downtown, Folly Beach and I-26.
|Nearest MSA:||Charleston-North Charleston|
|Submarket/Township:||21 - James Island|
|Retail Clientele:||General, Business|
|Proximity:||1 mile||3 miles||5 miles|
Edward C SuttonMarshall Walker Real Estate SCCMLS Member
Katie A FrederickMarshall Walker Real Estate SCCMLS Member
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