Freestanding Building Available for Sale on Sam Rittenberg Blvd.

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30638950
Property Subtypes: Free-Standing Building, Street Retail, Other
Status: Pending/Contingent
Building Size (RSF): 8,294 SF
Gross Building Area: See Agent
Sale Price: $1,299,000
Unit Price: $156.62 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2020

Overview / Comments

1909 Sam Rittenberg Boulevard is ideally positioned in the heart of the West Ashley retail corridor, this freestanding building offers convenient access, strong visibility, and ample signage opportunities. Attractive and well-maintained, this
8,294sf building would be well-suited for a variety of uses. Current tenant’s lease ends at the end of September. Located on well-travelled Sam Rittenberg Boulevard in close proximity to the Citadel Mall as well as much of the area’s redevelopment, this is an excellent investment opportunity.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 11 - W.Ashley inside I-526 to Ashley River
Tax ID/APN: 3511400081
Area Description: West Ashley is located west of the Charleston peninsula, bordered by the Ashley River and the Intracoastal Waterway. A large selection of moderately priced homes in desirable neighborhoods is available as well as executive homes on lots that front on the Ashley River, tidal marshes and creeks. West Ashley is the oldest suburb in Charleston, and closest to town. The population in the Charleston, SC, MSA has exceeded 745,000 and is expected to hit over a million people within the next ten years. With that said, much of the future development is expected to happen in West Ashley and the City of Charleston is focused on enhancing this area by supporting commercial redevelopments.
Year Built: 1985

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,356 57,934 139,363
Median Age: 32.47 37.99 35.19
Households: 5,140 26,472 58,747


Photograph of Listing Agent

Chris M Dion

Belk / Lucy SCCMLS Member
Photograph of Listing Agent

Morrow Boggs

Belk / Lucy SCCMLS Member
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