Great free standing office/ investment in downtown Charleston.

Office for Sale
Catylist Listing ID: 30664547
Property Subtypes: Office Building
Building Size (RSF): 1,824 SF
Gross Building Area: See Agent
Sale Price: $480,000
Unit Price: $263.16 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: 7.3%
Last Updated: 11/8/2020

Overview / Comments

Outstanding rental with strong commercial potential! Perfect location in the hart of downtown, just minutes to everything! This property has been a solid rental investment for the past 10 years, with $35,000 in rental income per year and no vacancies. Located at the corner of Fishburne St and Ashley Ave, this property would be a great location for an office or small medical practice. Driveway fits 4 vehicles and there is plenty of parking along the street. Property was fully remodeled in 2014 including roof, windows and HVAC. This five bedroom, two full bathroom house has hardwood floors throughout, stainless steel appliances, granite countertops, 2 tile walk-in shower enclosures, tankless gas water heater. Washer, dryer, refrigerator included.
Seller will facilitate re-zoning to commercial.
Property is tenant occupied until 7/31/2021

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Tax ID/APN: 4600702033
Year Built: 1935
Construction/Siding: Brick
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,317 59,470 144,634
Median Age: 26.43 34.62 36.02
Households: 9,094 25,167 60,782


Photograph of Listing Agent

Valery Neiman-Greider

Carolina Elite Real Estate SCCMLS Member
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