Renovated Property Zoned B1, convenient location

Office for Sale
Catylist Listing ID: 30815737
Property Subtypes: Office Building
Building Size (RSF): 1,300 SF
Gross Building Area: See Agent
Sale Price: $265,000
Unit Price: $203.85 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 9/29/2022

Overview / Comments

The future buyer of this beautifully renovated property will have endless possibilities. Live here or turn into a cash flowing rental - this is a perfect property for anyone!. This property is zoned B1 commercial and could be an office if desired. This property has 4 Bedrooms, 2 bathrooms and is ~1300 sq ft. Market rent is about $2000 - $2200/mo. This home features a new roof, updated electrical and HVAC, LVP flooring throughout, stainless steel appliances, new butcher block counters, new cabinets, and much more!

(a)Permitted uses: The following uses shall be permitted in the B-1 zoning district:1.All uses permitted in the neighborhood office (ON) and the single-family residential zoning district (R-1).2.Establishments providing certain convenience items and services to the public such as:a.Barber shops, beauty shops, nail shops and tanning salons;b.Flower shops, card shops, gift shops, video stores, tobacco shops, bait/tackle shops, news-stands and magazine stands;c.Laundromats and dry cleaning pickup stations;d.Telephone stores, cable TV service stores, internet cafes;e.Grocery stores, convenience stores, pharmacies, health food stores, confectioneries, bakeries, pretzel or cookie shops, where products are sold predominantly at retail;f.Clothing/shoe stores.3.Establishments of a business character providing services of a specialized nature to individuals or other businesses, such as:a.Copying/printing services;b.Post offices, mailing/delivery services;c.Film development establishments;d.Bicycle repair;e.Watch, clock and jewelry repair services.4.Social, cultural and health facilities, including:a.Public and private kindergarten, elementary or secondary schools;b.Adult and child daycare;c.Specialized training schools such as martial arts, yoga, and dance studios;d.Libraries and museums;e.Health clubs and fitness centers;f.Cemeteries;g.Places of worship;h.Public recreational facilities;i.Hospitals and medical clinics;j.Professional, civic, and cultural associations/organizations;k.Nursing homes and assisted-living facilities;l.Veterinary services and pet grooming businesses;m.Artist and photographic studios and art galleries.5.Business and professional offices, such as:a.Legal services such as lawyer's offices, paralegal services and stenographers;b.Government offices;c.Engineering, architecture, planning, and surveying services;d.Financial services such as banks, credit unions, savings and loan companies, mortgage companies, investment counseling, accountants, and appraisers;e.Marketing services such as advertising companies, opinion poll companies, telemarketing companies;f.Insurance companies;g.Real estate offices such as realtors, property managers, and leasing offices.(b)Conditional uses: The following uses shall be permitted on a conditional basis in any B-1 zoning district, subject to the stated conditions:1.Administrative offices of construction firms provided that no trucks, heavy commercial vehicles, equipment, or materials are stored on-site.2.All conditional uses permitted in the R-1 zoning district subject to the conditions stated therein.3.Eating establishments, provided there are no drive-through windows.4.Full-service restaurants provided that:a.The establishments do not operate during hours when meals are not being served,b.The establishments do not offer catered events;c.No "cover" or similar admission charge is collected for entrance;d.Music, whether live or recorded, or indoor or outdoor, is not in violation of the city noise ordinance at section 13-126:e.If located within five hundred (500) feet of a residentially used or zoned parcel, the establishments close by 10:00 p.m.; andf.There are no drive-through windows.5.Up to four (4) multi-family dwelling units.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Tax ID/APN: 4691100146
Year Built: 1940

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,516 41,147 138,255
Median Age: 33.71 35.58 34.22
Households: 3,994 15,885 56,222

Contact

Photograph of Listing Agent

Dan J Rivers

Maven Realty SCCMLS Member
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