Investment Opportunity - Auto Mechanic Shop

Retail-Commercial for Sale
Catylist Listing ID: 30643249
Property Subtypes: Vehicle Related
Building Size (RSF): 6,140 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 Acres
Sale Price: $1,200,000
Unit Price: $195.44 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 3/22/2021

Overview / Comments

Hot Investment Alert! Welcome to 427 Old Trolley Rd in Summerville. This successful auto mechanic shop is located on one of the busiest streets in Summerville with traffic counts in excess of 30,000 vehicles per day. Three separate buildings are situated on over 1 acre of land. The first building is a 10 bay garage with 8 lifts and features an office and restroom. The middle building is the sales office and lounge with an office and restroom. The third building is a separate leased tire shop business. Tenants have long term leases in place making this an excellent investment opportunity in a booming part of town! Watch the
video within the listing to see a virtual tour of the property.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 62 - Summerville/Ladson Area to Hwy.165
Tax ID/APN: 145-15-03-048
Zoning: CG - General Commercial District
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: Old Trolley Rd.
Traffic/Vehicle Count: 30,200
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Excellent
Year Built: 1984
Construction/Siding: Metal Siding
Parking Type: Surface
Zoning Description: CG_DC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,915 71,768 127,025
Median Age: 34.83 35.54 34.55
Households: 5,390 27,179 46,954

Contact

Photograph of Listing Agent

Katie L Weinbrenner

Carolina One Real Estate SCCMLS Member
Photograph of Listing Agent

Hailey S Kislinger

Carolina One Real Estate SCCMLS Member
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