Historic Downtown Walterboro Office

Office for Sale
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
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 9/18/2021

Overview / Comments

This quaint Southern building has served as a florist shop, art studio, and currently serves as an 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.

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)

Current Tenants

Tenant Business Name R. Morrison Payne, Attorney at Law
Industry Type Professional/Scientific/Technical Services
Is Renting? Yes
Annual Revenue $7,800 (Annual)
Employees Total 3
Employees at Location 3
Year Founded 2017
SF of Space Occupied 1,303 SF
Current Rent $650 PSF (Annual)
Tenant Notes The tenant is on a month to month rental.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Colleton
Submarket/Township: 82 - Colleton County
Submarket Type: Central Business District
Tax ID/APN: 163-12-00-193
Year Built: 1978

View FullscreenMap

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

Contact

© Copyright 2001-2020 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.