Spruill Ave Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30209667
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 1,387 SF
Gross Land Area: 3,330 SF
Sale Price: $275,000
Unit Price: $198.27 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Spruill Ave Corner
Usable Size (USF): 1,387 SF
Sale Terms: Cash to Seller
Cap Rate: 99.0%
Average Occupancy Rate: 100
Last Updated: 10/30/2018

Overview / Comments

Great Investment opportunity on Spruill Ave close to Park Circle. The site is currently leased to L & B cash checking and a new hair salon. This is very desirable area for new businesses and resturants. Holy City Brewery, Firefly, and The Codfather Restaurant all close by.

Property is in an X flood zone.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Taxing Authority: North Charleston
Tax ID/APN: 4700700270
Zoning: B-2 (NORTH CHARLESTON)
Retail Clientele: General, Business
Property Located Between: Justine Ave and Bexley
Property Visibility: Excellent
Largest Nearby Street: Spruill Ave
Feet of Frontage: 140
Airports: Charleston International Airport- 6.6 miles
Site Description: Level paved
Area Description: Up and coming Urban area of North Charleston
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,387 SF
Property Condition: Good
Year Built: 1996
Year Renovated: 2018
Roof Type: Other
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Newly remodled hair salon
Zoning Description: B-2
Lot Frontage: 40ft
Lot Depth: 71ft
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel 1 Of Lts 20 And 21 Blk 116 Div B

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,776 40,071 109,608
Median Age: 35.01 34.14 34.91
Households: 2,919 14,867 43,945

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