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Key Details
Sold Price $570,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 27,007 sqft
Price per Sqft $21
MLS Listing ID 187233
Sold Date 07/11/25
Year Built 1955
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 27007.0
Property Sub-Type Commercial
Source Lowcountry Regional MLS (Beaufort-Jasper County REALTORS®)
Property Description
Exceptional investment opportunity! The owner of this commercial property is now offering a leaseback ($3,650/m Net) with a 7.36 cap rate for 5 years. Located in the heart of Port Royal's business district and an average daily vehicle count of 40,000 according to SCDOT this investment offers immediate income and high potential for apprecaition. Included is a completely renovated 1,066sf building with new exterior decking and a large gravel yard. Currently hosting a retail nursery, this site is zoned T4NCO, which is probably the most flexible in the region, allowing for a slew of business applications including retail, office, restaurant, service busienesses and screened laydown yards. It is not in a special hazard flood zone nor in a HOA, but it is across from 2 shopping centers, a McDonald's, an next to a new 216 unit luxury apartment complex. Schedule your tour today.
Location
State SC
County Beaufort
Building
Foundation Slab
Others
Tax ID R112-034-000-012a-0000
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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