Catylist ID:
#30800356
Residential/Commercial Two Unit Portfolio in Walterboro SC
Office
for Sale
Also listed as Multi-Family
| Catylist Listing ID: | 30800356 |
| Property Subtypes: | Coworking, Medical, Mixed Use, Flex Space, Office Building, Other |
| Building Size (RSF): | 2,200 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.72 Acres |
| Sale Price: | $240,000 |
| Unit Price: | $109.09 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Class of Space: | Class C |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/15/2022 |
Overview / Comments
|
65K PRICE IMPROVEMENT!! This is an opportunity to purchase two properties in Walterboro, SC. The first property is located @ 1259 Bells Hwy and zoned highway commercial. It is approx 1200 sq ft, was built in 1955, and renovated in 2009. The property could remain a residence or would work well as professional office space or retail. The space includes a large front porch, fenced in backyard, family room, dining room, kitchen, laundry/storage room, full bath and three large bedrooms. Fresh paint and relatively new flooring have been recently added. This property has a tenant in place @ 1000/month until December 2022. The second property at 504 Dorsey St. is also 3BR/1BA and approximately 1000 sq ft. This home has been vacant for several months and is need of rehabilitation. The homes are back to back and sit on a combined .72 Acres. The potential also exists for complete commercial development of the site with removal of both structures. Location is everything, and these properties are located just two blocks from Exit #57 @ I-95. Recent development in the area includes Cook-Out, Popeyes, an Urgent Care Facility, and Starbucks just to name a few. This is a high traffic area and a regular stop for travelers along the I-95 corridor. Walterboro is growing quickly as adjoining counties continue to push beyond their borders. Act now to secure investment property in a growing market. The TMS# is 147-09-00-057 for the Dorsey St property. Owner(s) are willing to sell 1259 Bells Highway Independently for 175K. |
Additional Details
| Nearest MSA: | Charleston-North Charleston |
| County: | Colleton |
| Submarket/Township: | 82 - Colleton County |
| Submarket Type: | Central Business District |
| Tax ID/APN: | 147-09-00-064.000 AND 147-09-00-057.000 |
| Zoning: | RESIDENTAL/COMMERCIAL |
| Property Located Between: | Exit #57 on I-95 and Robertson Blvd |
| Highway Access: | Easy access to I-95 |
| Site Description: | Located along busy four lane highway. |
| Total Number of Buildings: | 2 |
| Year Built: | 1999 |
| Lot Frontage: | 100 Feet |
| Lot Depth: | 325 Feet |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,853 | 8,243 | 15,775 |
| Median Age: | 40.96 | 40.64 | 39.04 |
| Households: | 1,224 | 3,325 | 6,033 |
| © Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
