Spruill Ave Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30526033
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 1,387 SF
Gross Land Area: 3,330 SF
Sale Price: $335,000
Unit Price: $241.53 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Spruill Ave Corner
Usable Size (USF): 1,387 SF
Sale Terms: Cash to Seller
Cap Rate: 99.0%
Average Occupancy Rate: 100
Last Updated: 12/6/2019

Overview / Comments

Great Investment opportunity on Spruill Ave close to Park Circle. The site is currently leased to L & B cash checking and a new hair salon. Very desirable area for new businesses and restaurants. Holy City Brewery, Firefly, and The Codfather Restaurant all close by.

Property is in an X flood zone.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Taxing Authority: North Charleston
Tax ID/APN: 4700700270
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Justine Ave and Bexley
Property Visibility: Excellent
Largest Nearby Street: Spruill Ave
Feet of Frontage: 140
Airports: Charleston International Airport- 6.6 miles
Site Description: Level paved
Area Description: Up and coming Urban area of North Charleston
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,387 SF
Property Condition: Good
Year Built: 1996
Year Renovated: 2018
Roof Type: Other
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Newly remodled hair salon
Zoning Description: B-2
Lot Frontage: 40ft
Lot Depth: 71ft
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel 1 Of Lts 20 And 21 Blk 116 Div B

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,776 40,071 109,608
Median Age: 35.01 34.14 34.91
Households: 2,919 14,867 43,945
The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.