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 |
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 |
|
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