Business and Property for Sale in Summerville

Retail-Commercial for Sale
Catylist Listing ID: 30463328
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 1,876 SF
Gross Building Area: 2,140 SF
Sale Price: $1,300,000
Unit Price: $692.96 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: 14.4%
Last Updated: 9/7/2019

Overview / Comments

This is a well established business in Summerville that has a well established clientele with an increases in sells history. The business is located on Central Ave. with a very heavy traffic flow. There are two buildings on the property with living area above the business. The cigar shop retail space is complete with a walk-in humidor. There is also a building off the back used as a smoking lounge. This a must see with location with a great cash flow for an investor or someone looking to own their own business with room to grow.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 63 - Summerville/Ridgeville Area
Taxing Authority: Dorchester County
Tax ID/APN: 137-09-01-051
Zoning: B-2 (NORTH CHARLESTON)
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Central Ave
Feet of Frontage: 74
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average
Year Built: 1974
Year Renovated: 2016

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,376 59,836 109,900
Median Age: 40.18 35.88 35.08
Households: 3,595 22,592 40,632

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