309 & 311 W 4th North St. , #2

    Summerville, SC 29483
    • $365,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 30478411
    UPDATED: 145 min ago
    $365,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Rare opportunity to own a duplex in the heart of Old Summerville! Up until now this property has been used as a residential duplex, but it is zoned COMMERCIAL - B1 District and would be an ideal location and floor plan for an office. However residential use is also permitted in the B-1 zoning district. There are a lot of possibilities and potential for this property! The unit on the right side (#309) is approximately 1020 square feet. Coming in the front door, there is a living room which would make a nice front office/reception area. There is a separate bedroom/office room up front to the right of the living room/reception area. Plus there is a larger sunroom/office/conference room addition on the back with lots of windows that allow for an abundance of natural light. There is also a full kitchen with a designated dining area that would be perfect for a break area. The unit on the left side (#311) is approximately 784 square feet. Coming into the front door on this side is a living room which would also make a nice front office/reception area. To the left there are an additional 2 bedrooms/office spaces with a bathroom in between. This unit also has a full kitchen and dining area that would make a nice break area. This area also opens to a screen porch overlooking the additional parking in back yard. There is a total of approximately 1804 square feet for both units combined. Each unit has a front reception area, two separate office spaces plus a break room. A copy of the floor plan is available. There is mostly hardwood flooring in both units. Additional parking in the rear is privacy-fenced enclosed and should be adequate depending on a buyers intended use for the property. Plus there is a useful separate storage building on the back right corner of the lot. Please note: This property has never been leased as an office space so the Cap Rate of approximately 7.5% on this property is projected and estimated using a rental rate of $18 per square foot and estimated operating expenses for taxes and insurance only. Actual Cap Rate will vary depending on actual rental rate and actual operating expenses.

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    www.thecassinagroup.com/homes/98382606

    309 & 311 W 4th North St. , #2 Summerville, SC 29483

    • Price: $365,000
    • Status: Active
    • Updated: 145 min ago
    • ID#: 30478411
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Summerville/Ridgeville Area
    County:
    Dorchester
    Area:
    Summerville/Ridgeville Area
    Property Description
    Rare opportunity to own a duplex in the heart of Old Summerville! Up until now this property has been used as a residential duplex, but it is zoned COMMERCIAL - B1 District and would be an ideal location and floor plan for an office. However residential use is also permitted in the B-1 zoning district. There are a lot of possibilities and potential for this property! The unit on the right side (#309) is approximately 1020 square feet. Coming in the front door, there is a living room which would make a nice front office/reception area. There is a separate bedroom/office room up front to the right of the living room/reception area. Plus there is a larger sunroom/office/conference room addition on the back with lots of windows that allow for an abundance of natural light. There is also a full kitchen with a designated dining area that would be perfect for a break area. The unit on the left side (#311) is approximately 784 square feet. Coming into the front door on this side is a living room which would also make a nice front office/reception area. To the left there are an additional 2 bedrooms/office spaces with a bathroom in between. This unit also has a full kitchen and dining area that would make a nice break area. This area also opens to a screen porch overlooking the additional parking in back yard. There is a total of approximately 1804 square feet for both units combined. Each unit has a front reception area, two separate office spaces plus a break room. A copy of the floor plan is available. There is mostly hardwood flooring in both units. Additional parking in the rear is privacy-fenced enclosed and should be adequate depending on a buyers intended use for the property. Plus there is a useful separate storage building on the back right corner of the lot. Please note: This property has never been leased as an office space so the Cap Rate of approximately 7.5% on this property is projected and estimated using a rental rate of $18 per square foot and estimated operating expenses for taxes and insurance only. Actual Cap Rate will vary depending on actual rental rate and actual operating expenses.
    Property Features

    Property Status Existing Property Sub Type Office Building Property Type Office Sale Price Min 365000.00 Title 309 & 311 W 4th North St. Zoning Cn

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