Office/Warehouse

Retail-Commercial for Sale
Catylist Listing ID: 29853379
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 6,976 SF
Gross Land Area: 0.77 Acres
Sale Price: $480,000
Unit Price: $68.81 PSF
Property Use Type: Vacant/Owner-User
Building Name: TENANT OCCUPIED TENANT WILL LEAVE
Usable Size (USF): 6,976 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/28/2018

Overview / Comments

TILT UP CONCRETE BUILDING LAST USED AS A HVAC CONTRACTOR'S OFFICE & WAREHOUSE

DIRECTIONS: FROM US HWY 52 TURN AT TRAFFIC LIGHT HOLLYWOOD DR TURN IMMEDIATELY RIGHT ON TO AUTO SUPPLY DR

FINANCING: NONE OFFERED AT THIS TIME

LEASE INFO: 2 years with 1 year option. TENANT MOVING WILL SUB LEASE

TENANT INFO: Auto Sales & Repair

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $6,604 (Annual)
Tax Value Land $110,000
Tax Value Improvements $248,600
Tax Value Personal Property $0
Assessed Value - Total($) $358,600 (Annual)
Gross Operating Income $49,200 (Annual)
Net Operating Income $39,163 (Annual)
Actual or Proforma Year Actual

Current Tenants

Tenant Business Name Auto Sales
Is Renting? Yes
Annual Revenue $49,800 (Annual)
Current Rent $4,150 PSF (Annual)

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 72 - G.Creek/M.Corner Hwy.52-Cooper Riv
Taxing Authority: Goose Creek / Berkeley
Tax ID/APN: 244-01-01-055
Zoning: GC - General Commercial District
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: US Hwy 52
Traffic/Vehicle Count: 27,000
Highway Access: 400 yards to US Hwy 52
Airports: Charleston International
Site Description: Can add 1.25 acre corner lot @$275,000
Area Description: ENTRANCE TO GROWING RESIDENTIAL SUBDIVISIONS SUCH AS MONTAGUE PLANTATION 15, 000 ACRES ( LARGER THAN CROWFIELD )
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1985
Construction/Siding: Concrete - Tilt up
Total Parking Spaces: 12
Parking Type: Structure, Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Zoning Description: General Commercial
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,124 54,750 110,556
Median Age: 36.64 33.44 32.7
Households: 2,376 19,952 40,103
© 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.