600 N Gum St

    Summerville, SC 29483
    • $1,150,000
    • STATUS: Active Under Contract
    • ON SITE: 111 days
    • ID#: 30448764
    Under Contract
    UPDATED: 48 min ago
    $1,150,000
    • 0
      BEDS
    • 0.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $192
      $/SQFT
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Prime space in an Opportunity Zone on the corner of N Gum St and Hwy 78/E 5th North St in the middle of Summerville. Highly visible and located between N Main St/Hwy 17A and the Berlin G Myers Pkwy. Ideal for automotive shop, automobile repair, tire store, car stereo business, retail business, office, car lot or could be converted to bar and/or restaurant or granite shop along with any business requiring a large amount of outdoor space for customer parking or displays. The building's current setup has 1400 sf of showroom space, private office and approximately 4600 sf for 5 automobile bays, storage and reception area. The building is in great shape and roof was redone in 2018. The property is zoned B-3 General Business in the town of Summerville. Leasing at $9,000/month would give an investor/owner a 9.3% cap rate. This building is also available for lease.

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    www.thecassinagroup.com/homes/96241346

    600 N Gum St Summerville, SC 29483

    • Price: $1,150,000
    • Status: Active Under Contract
    • Updated: 48 min ago
    • ID#: 30448764
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.71
    Acres
    6,000
    SQFT
    $192
    $/SQFT
    Neighborhood:
    Summerville/Ridgeville Area
    County:
    Dorchester
    Area:
    Summerville/Ridgeville Area
    Property Description
    Prime space in an Opportunity Zone on the corner of N Gum St and Hwy 78/E 5th North St in the middle of Summerville. Highly visible and located between N Main St/Hwy 17A and the Berlin G Myers Pkwy. Ideal for automotive shop, automobile repair, tire store, car stereo business, retail business, office, car lot or could be converted to bar and/or restaurant or granite shop along with any business requiring a large amount of outdoor space for customer parking or displays. The building's current setup has 1400 sf of showroom space, private office and approximately 4600 sf for 5 automobile bays, storage and reception area. The building is in great shape and roof was redone in 2018. The property is zoned B-3 General Business in the town of Summerville. Leasing at $9,000/month would give an investor/owner a 9.3% cap rate. This building is also available for lease.
    Exterior Features

    Land Size Min 0.710 Land Size Units Acre

    Property Features

    Property Status Existing Property Sub Type Convenience StoreFree-Standing BuildingVehicle Related Property Type Retail-Commercial Sale Price Min 1150000.00 Title Opportunity Zone Building W/ Potential 9% Cap Rate

    Listing courtesy of Smoak And Associates Real Estate, Llc.
     
    The Cassina Group, LLC
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    Mount Pleasant SC, 29464