Historic Downtown Walterboro Office

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30753718
Property Subtypes: Office Building
Building Size (RSF): 1,303 SF
Gross Building Area: See Agent
Sale Price: $210,000
Unit Price: $161.17 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 6/23/2022

Overview / Comments

This quaint Southern building has served as a florist shop, art studio, and attorney's office. The building is part of the historic downtown Walterboro. It is located steps away from the Colleton County Commercial Kitchen and Colleton County's Museum and Farmer's Market. It is a short walk from the main business district filled with antique shops, boutiques, and professional offices, as well as the Colleton County Courthouse. This is the perfect location and has so many possibilities for a small local business - coffee shop, bakery, boutique, art studio, antique shop, or office space for an attorney, counselor, realtor......

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $924.21 (Annual)
Tax Value Land $12,000
Tax Value Improvements $40,100
Assessed Value - Total($) $52,100 (Annual)
Potential Rental Income $12,000 (Annual)

Additional Details

Nearest MSA: Charleston-North Charleston
County: Colleton
Submarket/Township: 82 - Colleton County
Submarket Type: Central Business District
Taxing Authority: Colleton County
Tax ID/APN: 163-12-00-193
Zoning: RETAIL, OFFICE
Property Located Between: Wichman and Hampton Streets
Property Visibility: Excellent
Highway Access: Sitting between I95 Exits 53 and 57
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1978
Construction/Siding: Brick
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,084 9,830 13,967
Median Age: 39.99 40.36 39.32
Households: 1,609 3,905 5,364

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