Office Building For Sale in Summerville Opportunity Zone

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30704484
Property Subtypes: Medical, Office Building
Building Size (RSF): 1,279 SF
Gross Building Area: See Agent
Gross Land Area: 0.45 Acres
Sale Price: $450,000
Unit Price: $351.84 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/16/2021

Overview / Comments

Office for sale in Opportunity Zone!

701 W 5th N Street is a 1,279 SF single-story office building on a 0.45 Acre corner lot zoned N-MX within the town of Summerville. Located right on US-78 and minutes from restaurants and other amenities that downtown Summerville has to offer. Excellent opportunity for an owner/user! Numerous possibilities including any type of professional services, financial services, medical, restaurant, retail, etc.

The current building is in great shape but still has plenty of upside for a value-add investment.

This site could also be ideal for a redevelopment with plenty of land for new construction. Sellers are willing to oversee construction management for renovations, or possible build-to-suit for qualified Buyers.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 63 - Summerville/Ridgeville Area
Tax ID/APN: 130-15-01-007.000
Property Visibility: Excellent
Year Built: 1958

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,572 53,622 113,988
Median Age: 39.56 36.43 34.6
Households: 2,215 20,212 42,283
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