Parris Island Gateway

Retail-Commercial for Sale
Catylist Listing ID: 30204017
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Mixed Use, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 972 SF
Gross Building Area: 2,070 SF
Sale Price: $399,900
Unit Price: $411.42 PSF
Property Use Type: Vacant/Owner-User
Building Name: Barbershop Town of Port Royal
Sale Terms: Cash to Seller
Auction License Number: na
Cap Rate: 7.5%
Average Occupancy Rate: 1
Last Updated: 4/11/2018

Overview / Comments

Former barbershop in front of Parris Island Marine Recruit Depot Gate.
Gate sitting on one acre. Single wide mobile home and two utility sheds on site. Ideal for drug store, restaurant, fast food or other retail businesses. Heavily trafficked Parris Island Gateway is one of the busiest streets in northern Beaufort County. Port Royal much easier to do business with than Beaufort or Beaufort County. THERE IS NO INCOME ON THIS PROPERTY. IT IS NO LONGER OCCUPIED.CAP RATE IS NOT ACCURATE AND ONLY FOR COMPLETING LISTING.

Attachments & Media

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $2,641 (Annual)
Tax Value Land $152,200
Tax Value Improvements $41,900
Assessed Value - Total($) $194,100 (Annual)
Actual or Proforma Year Actual
Lender Name na
Amortization Period na

Additional Details

Nearest MSA: Hilton Head Island-Bluffton-Beaufort
County: Beaufort
Taxing Authority: Port Royal and Beaufort County
Tax ID/APN: R112-034-000-012A
Zoning: NEIGHBORHOOD CENTER T-4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: MCRD Parris Island and Bi Lo shopping center
Property Visibility: Excellent
Largest Nearby Street: Parris Island Gateway
Feet of Frontage: 150
Highway Access: Frontage Road
Airports: Savannah, Charleston, Hilton Head
Site Description: One acre on Parris Island Gateway with Mobile Home utility sheds and concrete building.
Area Description: Beaufort and Port Royal are the home to MCAS Beaufort, MCRD Parris Island, US Naval Hospital Beaufort, Hunting Island State Park, and boast of being one of the best small towns and cities in America to visit. Thousands of family members attend weekly graduation ceremonies of new Marines, filling hotels and restaurants several days a week. Downtown Beaufort features the historic Point, home to many movies. The Intracoastal Waterway passes by both Beaufort and Port Royal. Hilton Head and Savannah are 40 miles away and Charleston is 70 miles. The Parris Island Gate is across the street from this property. Just a quarter mile is a Bi Lo Shopping center with a bank, medical arts building, credit union, fast food restaurants and more.
Total Number of Buildings: 4
Number of Stories: 1
Typical SF / Floor: 972 SF
Property Condition: Poor
Year Built: 1955
Roof Type: Other
Construction/Siding: Aluminum Siding, Block, Metal Siding, Vinyl Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable, DSL, Satellite, Other
Interior Description: poor
Zoning Description: Port Royal is flexible
Lot Frontage: 150
Lot Depth: 192
Water Service: Municipal, Well
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Easements Description: 15 foot easement in front
Land Ownership: fee simple
Legal Description: LOT 3 E 1/2 LOT 2L WRIGHT #BKN709 OWNER'S RESIDENCE MH)1981 MADISON MANSION/14X56/SER#MHCNCBB66/VLI140440 BARBER SHOP TOWN OF PORT ROYAL ANNEXATION 2012-9

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 837 20,444 37,971
Median Age: 34.69 32.33 33.69
Households: 337 7,165 13,845

Contact

Photograph of Listing Agent

Randy R Bazemore, Jr

Century 21 Properties Plus SCCMLS Member
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