106 M L King Junior Blvd

    Saint Stephen, SC 29479
    • $850,000
    • STATUS: Active
    • ON SITE: 305 days
    • ID#: 30342458
    UPDATED: 60 min ago
    $850,000
    • 0
      BEDS
    • 1.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,900
      SQFT
    • $144
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    5900 Sq. ft building on 1.49 acres for sale with cash flow in place. The laundry mat has all new equipment. There is a furnished 2 bedroom 1 bath apartment up stairs with upgraded kitchen and appliance. There is a large lot located with the property that could be used for future growth. The laundry mat is new and business is increasing at a good rate. Laundry mat is on an automated lock and unlock system. Can be operated from smart device. 6.9% cap rate from rent with the potential growth from the self owned laundry mat to increase the cash flow. Laundry is included .Please inquire.

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    www.thecassinagroup.com/homes/88622472

    106 M L King Junior Blvd Saint Stephen, SC 29479

    • Price: $850,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 30342458
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.49
    Acres
    5,900
    SQFT
    $144
    $/SQFT
    Neighborhood:
    Rural Berkeley County
    County:
    Berkeley
    Area:
    Rural Berkeley County
    Property Description
    5900 Sq. ft building on 1.49 acres for sale with cash flow in place. The laundry mat has all new equipment. There is a furnished 2 bedroom 1 bath apartment up stairs with upgraded kitchen and appliance. There is a large lot located with the property that could be used for future growth. The laundry mat is new and business is increasing at a good rate. Laundry mat is on an automated lock and unlock system. Can be operated from smart device. 6.9% cap rate from rent with the potential growth from the self owned laundry mat to increase the cash flow. Laundry is included .Please inquire.
    Exterior Features

    Land Size Min 1.490 Land Size Units Acre

    Property Features

    Property Status Existing Property Sub Type Mixed UseRestaurantRetail-Pad Property Type Retail-Commercial Sale Price Min 850000.00 Title Commercial Building W/ Multiple Investment Opportunities!!! Zoning Gc

    Listing courtesy of Carolina One Real Estate.
     
    The Cassina Group, LLC
    309 Coleman Boulevard
    Mount Pleasant SC, 29464