Perfect Retail and/or Office Space in Walterboro!

Retail-Commercial for Sale
Catylist Listing ID: 30320090
Property Subtypes: Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 1,167 SF
Gross Building Area: 2,667 SF
Gross Land Area: 1 Acre
Sale Price: $590,000 - 595,000
Unit Price: $505.57 - 509.85 PSF
Property Use Type: Business
Building Name: RE/Max All Country and MRTS Insurance
Usable Size (USF): 2,667 SF
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback
Cap Rate: 10.0%
Last Updated: 2/12/2020

Overview / Comments

Get in on this Real Estate Boom! Multiy-Use...High Traffic Area...could be gas station, car lot, liquor store, retail, storeage units on this large lot. Currently, This property has 2 retail/office buildings (1,167 and 1,500 sq ft) that are located between Wal-Mart and the Belks' shopping center. Exit #57 is within 1/2 mile from the property. The property is 1.0 acres that is surrounded by restaurants, gas stations, Tractor Supply, Belk, Sears, Walterboro Ford. Both buildings could be used for a retail business or office. Both have been rented for the past 17 years. The back of the lot has plenty space for an additional business or parking. The paved parking lot has parking for 10 - 12 cars. Main building is currently rented by RE/MAX All Country and is willing to do a long term lease back. Bring all offers today!

Additional Details

Nearest MSA: Charleston-North Charleston
County: Colleton
Submarket/Township: 82 - Colleton County
Submarket Type: Central Business District
Taxing Authority: The City of Walterboro
Tax ID/APN: 147-14-00-056.000
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Wal-Mart and Belk shopping centers
Property Visibility: Excellent
Largest Nearby Street: I-95
Feet of Frontage: 150
Highway Access: Hwy 64
Airports: Walterboro Airport is less than 2 miles away
Area Description: Thriving and busy area...Walterboro is the next Real Estate Boom!
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 1,167 SF
Property Condition: Excellent
Year Built: 1975
Year Renovated: 2017
Roof Type: Hip
Construction/Siding: Stucco
Total Parking Spaces: 10
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: DSL, Satellite, Gigabit
Zoning Description: Commercial
Lot Frontage: 150
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Electric Lines, Utilities
Land Ownership: Fee Simple
Legal Description: tms#147-14-00-056.000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,853 8,243 16,824
Median Age: 40.96 40.64 38.8
Households: 1,224 3,325 6,462


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