Iconic Tri County Ice Building For Sale-Park Circle

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30549779
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 18,002 SF
Gross Building Area: See Agent
Gross Land Area: 2.91 Acres
Sale Price: $2,200,000
Unit Price: $122.21 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/31/2020

Overview / Comments

Make your statement in Charleston real estate by claiming this iconic North Charleston landmark that used to be the home of the famed Tri County Ice Company. There are a total of 4 buildings on this 2.91 acre site.

With its rustic feel and exposed brick, it could be the future home to the next Charleston bar, distillery, restaurant with live music or creative flex space! Located minutes from downtown this area is a hub of innovation and investment. This project is the next cornerstone of the area and needs to be capitalized on. This site is two blocks from where the new Firefly Distillery will be that will be hosting music events that can accommodate up to 600 cars! The Site is also across from the very successful Codfather and Holy City Brewery. Other local thriving business include, The Junction Kitchen & Provisions, Ink Meets Paper, Lava Salon, The Station Park Circle, Park Circle CrossFit, along with new Office & Flex Space being delivered this year.

*The entire site is a total of 2.9 acres. The Tenant, ReddyIce, operates only out of the small office across from the subject site and utilizes the back warehouse for Ice Distribution.

Office Building: 2,246 square feet
Block Building: 5,660 square feet (partly demolished, buyer to verify all measurements)
Storage Warehouse: 3,200 square feet
ReddyIce Distribution Warehouse: 6,896 square feet

Zoned: B-2 General Business District

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Tax ID/APN: 470-15-00-058
Retail Clientele: General, Business, Recreation, Other
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 4
Year Built: 1981
Construction/Siding: Block
Parking Type: Surface
Zoning Description: B-2, General Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,273 40,780 114,013
Median Age: 34.95 34.3 34.71
Households: 3,457 15,134 45,929


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