North Charleston M1 Zoned Existing Office Building with Acreage

Office for Sale
Sale Pending/Contingent
Also listed as Industrial
Catylist Listing ID: 30775798
Property Subtypes: Executive Suites, Coworking, Medical, Net Leased, Office Building, Other
Status: Pending/Contingent
Building Size (RSF): 5,089 SF
Gross Land Area: 1.43 Acres
Sale Price: $1,295,000
Unit Price: $254.47 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Palmetto Community Care
Class of Space: Class B
Usable Size (USF): 5,089 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 4/27/2022

Overview / Comments

New, existing and expanding businesses will appreciate this property offering and the flexibility it offers today and tomorrow. Much more land that meets the eye and an M1 zoning allowing flex warehouse potential. A well maintained, one story brick building that has been remodeled with a new roof, carpet, tile, interior and exterior paint, granite countertops, HVACs, and cabinets. The interior is made up of 16 offices, 6 half baths, a large conference room, a waiting room, and a receptionist office with a nice counter. This easy to park (30+ spaces) property provides quick access to major roads and interchanges. There is a handicap ramp. This office is located on a 1.43 acre lot in the downtown and booming area of North Charleston that is not far from downtown Charleston itself where the Medical University of South Carolina as well as many other very desirable businesses.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Tax ID/APN: 469-06-00-089
Zoning: M-1
Property Visibility: Excellent
Airports: CHS
Site Description: Level
Area Description: Very vibrant area in a positive transition.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,089 SF
Year Built: 1977
Year Renovated: 1984
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: Brick with brick arches. Signage is available.
Parking Type: Surface
Parking Description: Flat. 20 spaces are marked (2 are marked as handicap). There are more unmarked spaces currently being used and once trailer is removed, more parking is possible.
Total Parking Spaces: 30
Interior Description: Modern and very well maintained. Owner has been meticulous in finishes and decor.
Zoning Description: M-1 (LI)
Lot Frontage: 125
Lot Depth: 428
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Part Lt C Pt Marrons

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,038 41,147 136,302
Median Age: 33.28 35.58 34.05
Households: 3,745 15,885 55,443


Photograph of Listing Agent

John J Teffeau

The Brokerage, LLC SCCMLS Member
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