Prime Investment Property
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: |
30614101 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Street Retail
|
| Status: |
Pending |
| 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: |
7/8/2020 |
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 |
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 |
|
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