CORNER LOT plus 3 Rentals

Retail-Commercial for Sale
Catylist Listing ID: 30316456
Property Subtypes: Day Care Facility, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 2,600 SF
Gross Building Area: See Agent
Gross Land Area: 0.28 Acres
Sale Price: $625,000
Unit Price: $240.38 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Business
Sale Terms: Cash to Seller, Other
Cap Rate: 5.0%
Last Updated: 8/6/2019

Overview / Comments

Great investment with 3 business rentals in one building AND a corner lot across from the new recreational complex!! Great visibility to Main Street and street parking. DO NOT DISTURB THE TENANTS. Financials available with acceptable offer. The property currently has 2 tenants, one is a salon and long-term tenant and the other is a long-term tenant clothing store. The upstairs has a small office space that is currently not rented. The upstairs is approximately 500sqft. and has a 1/2 bathroom. The salon and clothing store both have private 1/2 bathrooms as well. The salon also has a washer/dryer hookup area and employee lounge plus a large open front area with 6-8 chairs and a small room for hair washing. The clothing store has a large front area and a backroom/office. Both units have separate HVAC systems, one was replaced around 2015.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 76 - Moncks Corner/Pinopolis Area
Tax ID/APN: 1420801054
Zoning: GC - General Commercial District
Retail Clientele: General, Business, Other
Property Located Between: Main and Altman Streets
Property Visibility: Excellent
Largest Nearby Street: Main Street
Feet of Frontage: 156
Highway Access: Main Street.
Area Description: Lots of like businesses.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1980
Year Renovated: 2009
Roof Type: Arched
Construction/Siding: Stucco
Total Parking Spaces: 40
Parking Type: Surface, Other
Parking Description: County-Maintained road and parking.
Heat Type: Electricity, Other
Heat Source: Central
Air Conditioning: Package Unit, Other
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,694 13,250 18,054
Median Age: 32.63 35.33 37.25
Households: 644 4,783 6,681

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