Commercial Office Building

Office for Sale
Catylist Listing ID: 30810978
Property Subtypes: Office Building
Building Size (RSF): 2,765 SF
Gross Building Area: See Agent
Sale Price: $2,525,000
Unit Price: $913.20 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: 3.0%
Last Updated: 7/20/2022

Overview / Comments

Unique opportunity to buy two (2) connecting properties located on James Island between Harbor View Road and James Island Express Way. TMS #424-09-00-087 is a very well established location on a "Hard Corner" with excellent signage on Folly Road. Marque sign is currently approved for a Message Board (Buyer to verify). This commercial building consists of 2,765 square feet on .7 acres. This property could easily be broken into 3 suites. Currently with 22 parking spaces. Property is ideal for Re-development and is located across from Merchants Village Shopping Center. Office building is currently leased through 12/21/2023. Income Ledger will be made available when an offer is received.

TMS #424-09-00-109 property consists of several buildings. A 1,715 square feet home with 3 bedrooms, 2 baths and partially renovated with Gourmet Kitchen. Two large storage buildings and a fenced yard. The second large building consists of a 800 square foot mother-in-law suite (apartment) over a three (3) car garage. Rental income from this property is currently $4,045 per month.

Seller will consider offers on properties separately. Lease on Commercial Office building is under Market Value.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 21 - James Island
Tax ID/APN: 424-09-00-087
Year Built: 1959
Total Parking Spaces: 22
In Flood Plain?: Yes

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,874 63,076 120,239
Median Age: 33.4 33.97 36.33
Households: 2,920 26,626 52,133

Contact

© 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.