315 N. Magnolia St.

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30180121
Property Subtypes: Executive Suites, Governmental, Institutional, Medical, Mixed Use, Flex Space, Net Leased, Office Building, Other
Building Size (RSF): 2,377 SF
Gross Land Area: 0.33 Acres
Sale Price: $398,500
Unit Price: $167.65 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class A
Usable Size (USF): 2,377 SF
Core Factor: 2,377%
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: 0.07%
Last Updated: 9/15/2018

Overview / Comments

Recorded Prime (Deeded) Owner of the property is "Summerville SC Properties LLC"–a single member South Carolina Limited Liability Corporation–whose President and Sole Member is BYRON SCOTT TONEY.
THOMAS B. TONEY, BROKER-IN-CHARGE OF THIS "EXCLUSIVE RIGHT TO LEASE" LISTING AGREEMENT, IS THE FATHER OF BYRON SCOTT TONEY; HOWEVER, THOMAS B. TONEY DOES NOT OWN ANY TYPE OF INTEREST IN THIS PROPERTY.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 63 - Summerville/Ridgeville Area
Taxing Authority: Dorchester County, SC
Tax ID/APN: TMS 137-07-21-012
Zoning: CG - General Commercial District
Property Located Between: Berlin Myers Lumber Co. on N Main St. & Summerville Post Office on North Gum Street is
Property Visibility: Excellent
Highway Access: Two Blocks From U. S. Highway 78--(West 5th North Street), Summerville, SC 29483.
Airports: 25-MINUTE DRIVE TO CHARLESTON INTERNATIONAL AIRPORT (CHS)
Site Description: NOT IN SUMMERVILLE SC "HISTORIC DISTRICT"--BUT STAND-ALONE BUILDING--BUILT IN THE 1800s--CAPTURES THE CIVIL WAR HISTORIC ARCHITECTURE OF THAT HISTORIC ERA...IN THE CENTER OF THE UPTOWN BUSINESS DISTRICT...(but not subject to historic district restrictions.)
Area Description: Center of "uptown" Town of Summerville business district...one block to North Main Street and one block to Summerville's main "ZIP 29483" post office.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,377 SF
Year Built: 1886
Year Renovated: 2013
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Siding
Exterior Description: Historic "Civil War Era" mansion type.
Parking Type: Surface
Parking Description: Offstreet parking on both North Magnolia Street front and East 3rd North Street side...of the building.
Total Parking Spaces: 20
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System, Package Unit
Internet Access: Cable, Satellite
Interior Description: Sparkling clean and modern...rehabilitated.
Zoning Description: B-3--General Business
Lot Frontage: 110 Ft.
Lot Depth: 133 Ft.
Water Service: Municipal
Sewer Type: Municipal
Easements Description: No Easements.
Land Ownership: Fee Simple
Legal Description: Lot 1, 0.33 Acre, 14,461 SF, PER PLAT BOOK 1, PAGE 301, Register of Deeds Office, Dorchester County, South Carolina.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,373 48,615 120,564
Median Age: 40.57 36.81 34.87
Households: 2,543 18,315 44,720

Contact

Photograph of Listing Agent

Thomas B Toney

Thomas B Toney SCCMLS Member
© Copyright 2001-2018 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.