Iconic Tri County Ice Building For Sale-Park Circle

Retail-Commercial for Sale
Catylist Listing ID: 30290428
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 5,660 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Sale Price: $725,000
Unit Price: $128.09 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/2/2018

Overview / Comments

Make your statement in Charleston real estate by claiming this iconic North Charleston landmark that used to be the home of the famed Tri County Ice Company. This building sits on a proposed subdivided parcel of .5 acres. (New Survey attached).

With its rustic feel and exposed brick, it could be the future home to the next Charleston bar, distillery, restaurant with live music or creative flex space! Located minutes from downtown this area is a hub of innovation and investment. This project is the next cornerstone of the area and needs to be capitalized on. This site is two blocks from where the new Firefly Distillery will be that will be hosting music events that can accommodate up to 600 cars! The Site is also across from the very successful Codfather and Holy City Brewery. Other local thriving business include, The Junction Kitchen & Provisions, Ink Meets Paper, Lava Salon, The Station Park Circle, Park Circle CrossFit, along with new Office & Flex Space being delivered this year.

*The entire site is a total of 2.9 acres. The Tenant, ReddyIce, operates only out of the small office across from the subject site and utilizes the back warehouse for Ice Distribution. The Owner will also consider selling the entire site.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Tax ID/APN: 470-15-00-058
Retail Clientele: General, Business, Recreation, Other
Property Visibility: Excellent
Year Built: 1981
Construction/Siding: Block
Parking Type: Surface
Zoning Description: B-2, General Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,273 40,780 114,013
Median Age: 34.95 34.3 34.71
Households: 3,457 15,134 45,929


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