Raoul Wallenberg Retail / Office

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30646569
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 6,816 SF
Gross Building Area: See Agent
Gross Land Area: 0.53 Acres
Sale Price: $1,049,999
Unit Price: $154.05 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/5/2020

Overview / Comments

1888 Wallenberg is an opportunity to locate your next business in the heart of West Ashley and secure a long-term foothold in the market.

The current space offers a wide variety of uses from office and retail to redevelopment. The building is currently being used as a martial arts studio and is set up with two large dojos, a private office, reception, storage, kitchen, and locker rooms. This space is available for lease and for sale. The business is currently open and operating, all showings are by appointment only.

- Over 140,000 residents in a 5-mile radius with an AHHI of $55,800
- Very high traffic counts of 82,800 VPD on I-526 and 37,600 VPD on Ashley River Rd
- Area businesses include Charleston ENT, Total Wine, Domino’s Walgreens, Harris
Teeter, and more. Dense professional and medical office presence.
- Shadow anchored by Pinepoint Plaza and strategically located 200 ft from the
intersection of Raoul Wallenberg and Ashley River Rd.

Also for Lease at $14 PSF NNN

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 11 - W.Ashley inside I-526 to Ashley River
Tax ID/APN: 353-13-00-031 & 353-13-00-049
Zoning: CC - Community Commercial District
Retail Clientele: General, Family, Business, Recreation, Other
Property Located Between: Ashley River Road and Ashley Hall Road
Property Visibility: Good
Largest Nearby Street: Sam Rittenberg Blvd
Property Condition: Average
Year Built: 1964
Year Renovated: 1999
Construction/Siding: Block, Brick, Steel Frame
Total Parking Spaces: 25
Parking Type: Surface
Zoning Description: Rear parcel is City of Charleston Front parcel is Charleston County: OD-ARRC-CC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,110 67,457 139,527
Median Age: 32.5 37.43 35.43
Households: 5,662 29,479 59,172
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