Prime Investment Property

Retail-Commercial for Sale
Catylist Listing ID: 30614101
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 5,781 SF
Gross Land Area: 0.08 Acres
Sale Price: $1,295,000
Unit Price: $224.01 PSF
Property Use Type: Investment
Usable Size (USF): 5,617 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2020

Overview / Comments

This desirable income property features ground floor retail with 4 apartments above. Consistently 100% leased. The building is situated on a prominent corner at Rutledge Avenue and Wentworth Street in downtown Charleston. The property is an easy walk to the College of Charleston, Medical University of South Carolina, Colonial Lake, the Battery and downtown shopping /dining.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4570304060
Retail Clientele: General, Business
Property Located Between: Wentworth Street and Rutledge Avenue
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1981

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,006 62,819 136,735
Median Age: 27.64 34.57 36.52
Households: 8,349 26,567 57,412

Contact

Photograph of Listing Agent

Charlie L Moore, Jr

Carolina Commercial, LLC 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.