Downtown Mixed-Use Restaurant/Retail/Office/Apartment Building

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30590379
Property Subtypes: Restaurant, Street Retail
Status: Pending/Contingent
Building Size (RSF): 3,120 SF
Sale Price: $695,000
Unit Price: $222.76 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

The property is currently vacant:
3 units zoned DR-1F
Restaurant (variance allowed)/Retail/Office on 1st floor approx. 1184 sq ft
1 bedroom apt. on 1st floor rear approx. 511 sq ft
3 bedroom 2 bath apt. 2nd floor approx. 1425 sq ft
8 off-street parking spaces in rear.
New metal roof February 2021.
2nd floor 3 bedroom 2 full bath apartment updated March 2021 with new kitchen cabinets, granite counters, stainless appliances, etc.
1st floor 1 bedroom apartment in process of have having same upgrades.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Tax ID/APN: 4600702220
Property Visibility: Excellent
Year Built: 1925
Construction/Siding: Wood Frame
Total Parking Spaces: 8
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,856 57,832 139,277
Median Age: 27.38 34.23 36.14
Households: 9,813 24,554 58,059
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