Development Opportunity on Coleman Boulevard

Vacant Land for Sale
Catylist Listing ID: 30807482
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 0.61 Acres
Sale Price: $1,625,000
Unit Price: $2,663,934 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

516 Coleman Boulevard is ideally positioned in the heart of Mount Pleasant. This 0.61 acre lot is comprised of three parcels and is ideally situated at the lighted intersection of Coleman Boulevard and Simmons Street. This commercial development opportunity has excellent visibility and convenient access. Zoned Areawide Business, the property can accommodate a wide range of users.

• ATM on property will be removed upon closing.
• Subject to be sold with deed restriction prohibiting use as financial services for two years from recorded deed.
• Seller reserves the right to reject any and all offers.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 42 - Mt.Pleasant South of IOP Connector
Tax ID/APN: 5171600023; 5171600022; 5171600024
Zoning: OTHER
Area Description: The Town of Mount Pleasant is an affluent South Carolina coastal community which is part of the 800,000-person Charleston, SC Metropolitan Statistical Area. Designated an “All-American City” in 2018, the town is South Carolina’s fourth largest municipality. A leader in growth, this flourishing community was recently ranked number one fastest-growing city in the state and number two fast-growing city in the country. Known for its high quality of life, people flock to this charming suburban town for its proximity to area beaches, outdoor activities, shopping and dining amenities, and laid-back atmosphere. Additionally, this dynamic community has proven to be an outstanding location for business, offering a highly desirable lifestyle to attract and retain key employees, while providing an available “highly skilled” regional workforce.
Zoning Description: Areawide Business (AB)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,911 37,159 99,234
Median Age: 41.28 41.21 37.61
Households: 4,420 16,676 42,278


Photograph of Listing Agent

Blair A Belk

Belk / Lucy SCCMLS Member
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