1 Acre Marsh Front with Income Producing BnB

Vacant Land for Sale
Catylist Listing ID: 30347544
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Vacation/Resort
Gross Land Area: 1 Acre
Sale Price: $740,000 - 750,000
Unit Price: $740,000 - 750,000 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/30/2020

Overview / Comments

1 Acre of PRIME marsh front property on heavily traveled Harborview Rd, just minutes to downtown. Property currently used as an income producing 3BD 3.5BA B&B, but Town of James Island is willing to re-zone for commercial use. Current zoning would allow for 3 SFD residences or up to 8 SFA. Gas, water and sewer are on site and tapped. New flood policy is quoted at just under $3,000/ year for current dwelling. Improvement include Tankless Water heater, Upgraded Electrical, New Roof & HVAC, New dual pane windows.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 21 - James Island
Taxing Authority: Town of James Island
Tax ID/APN: 4240700025
Zoning: R-4 - Single Family Residential 4 District
Property Located Between: James Island Connecter and Plumb Island
Property Visibility: Excellent
Legal Description: Tax ID#424-07-00-025 Lots 18 & 19 Town of James Island.
Largest Nearby Street: Harbor View Rd
Traffic/Vehicle Count: 22,700
Highway Access: I-26 & I-526
Airports: JZI & CHS
Lot Frontage: 258
Lot Depth: 242
Zoning Description: R4 Town of James Island
In Flood Plain?: Yes
Topography: Level
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,445 66,860 116,143
Median Age: 31.95 34.66 36.36
Households: 1,735 28,242 50,589


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