Former Boone Hall Cafe and Land Parcel

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30709444
Property Subtypes: Free-Standing Building, Street Retail, Other
Status: Pending/Contingent
Building Size (RSF): 9,878 SF
Gross Land Area: 1.01 - 5.02 Acres
Sale Price: $1,150,000 - 3,149,000
Unit Price: $116.42 - 318.79 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Former Boone Hall Café and Land Parcel
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2021

Overview / Comments

Property is a stand-alone 9,878-sf building that was formerly the iconic Boone Hall Market Cafe, situated on 1.01 ac zoned Village Commercial between the Garden of Prayer Pentecostal Holiness Church and Old Georgetown Road on busy Highway 17 in Mt Pleasant, just north of the Isle of Palms Connector. The back parcel (4.01 ac) is split-zoned: the front portion zoned Village Commercial, while the rear portion is zoned Residential, with a 2,160-sf house on the property. The total acreage for sale is 5.02ac.

Sale options include:
(a) the front parcel with 9,878-sf building (1.01ac) - $1,999,000.00
(b) back parcel (4.01ac) - $1,150,000.00
(c) both parcels (9,878-sf building on 5.02ac land) - $3,149,000.00

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 41 - Mt.Pleasant North of IOP Connector
Taxing Authority: Charleston County
Tax ID/APN: 5780000027, 5780000330
Zoning: OTHER
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Hwy 17
Traffic/Vehicle Count: 52,800
Highway Access: Property is located on Hwy 17
Airports: Mt Pleasant Regional Airport, Charleston International Airport
Site Description: Iconic Boone Hall Market Cafe is located on bustling Highway 17 between the Garden of Prayer Pentecostal Holiness Church and Old Georgetown Road
Year Built: 2006
Total Parking Spaces: 35
Parking Type: Surface
Zoning Description: Village Commercial; Single Family Residential

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,600 35,288 73,525
Median Age: 40.52 38.6 39.94
Households: 890 13,954 29,814
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