Downtown Commercial Building Kingstree SC

Retail-Commercial for Sale
Catylist Listing ID: 30799602
Property Subtypes: Street Retail
Building Size (RSF): 5,208 SF
Gross Building Area: See Agent
Sale Price: $200,000
Unit Price: $38.40 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 4/23/2022

Overview / Comments

Lovely commercial building in the heart of the downtown shopping district right around the corner from the Museum. Great corner visibility and currently functioning as a retail Christian Bookstore (owner operated). Can be purchased along with the building next door! Lots of potential to expand upwards. Second floor has great bones. Building was viewed by licensed General Contractor who found it to be very structurally sound. The space is bordered by a back Alley and parking is abundant. Kingstree has a burgeoning downtown city center with several new businesses opening this year, including a new restaurant called Uplands, just across the street in the historic station house building. There have been recent demographic studies on the area that can be shared to potential buyers and with a short drive of just over an hour to Charleston County and Myrtle Beach and just under an hour to Georgetown, the investment potential is clear.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Williamsburg
Submarket Type: Historic District
Tax ID/APN: 11-025-170
Retail Clientele: Business
Property Located Between: Hampton and Academy
Property Visibility: Excellent
Largest Nearby Street: Main
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,400 SF
Property Condition: Fair
Year Built: 1900
Year Renovated: 1980
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Parking Type: Surface
Parking Description: Adjacent street parking and lot behind
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 619 8,050 11,736
Median Age: 40.16 37.3 38.12
Households: 248 3,101 4,540

Contact

Photograph of Listing Agent

Currie V McCullough

Brand Name Real Estate SCCMLS Member
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