117 W. Luke Avenue

Office for Sale
Also listed as Hospitality, Retail-Commercial
Catylist Listing ID: 30389085
Property Subtypes: Executive Suites, Medical, Office Building, Other
Building Size (RSF): 4,600 SF
Gross Land Area: 0.42 Acres
Sale Price: $890,000
Unit Price: $193.48 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 4,600 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/17/2020

Overview / Comments

Excellent opportunity to purchase real estate in the heart of downtown Summerville! This three-story commercial building was recently renovated in 2016 and provides an ideal opportunity for a variety of users to invest in this growing area.

Located on a 0.42 acre lot, the property offers ample space for on-site parking and is within walking distance to many of downtown Summerville's favorite restaurants and shops.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 63 - Summerville/Ridgeville Area
Tax ID/APN: 137-07-08-006
Property Located Between: S Cedar Street & N Main Street
Property Visibility: Excellent
Highway Access: Located less than two mile from I-26
Airports: Charleston International Airport
Area Description: Located right off I-26, Summerville is Dorchester County’s largest city and an easy commute to major employers such as Volvo, Bosch, Boeing, and to downtown Charleston.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1910
Year Renovated: 2013
Parking Type: Surface
Parking Description: Ample parking available in the rear of building and along West Luke Avenue.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,373 48,927 117,865
Median Age: 40.57 36.86 34.81
Households: 2,543 18,567 43,738
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