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Development Opportunity with Income in Place 1701 Central Ave 2,760 SF 100% Leased Retail Building Summerville, SC 29483 $1,226,605 CAD ($444.42 CAD/SF)
Investment Highlights
- Three contiguous parcels offering income stability and development upside
- Less than one mile from major retailers, dining, and dense residential areas
- Two existing income-producing structures already in place
- Zoned Neighborhood Commercial District for flexible commercial use
Executive Summary
The sale offering includes all three parcels, featuring two existing income-producing buildings along with additional land suitable for future development. This well-positioned site sits less than one mile from a variety of restaurants, major retailers such as Walmart and CVS, and several established residential communities. Located within Dorchester County, the property is zoned Neighborhood Commercial District, providing flexibility for a range of commercial uses. The three parcels included are TMS# 135-16-00-044, 135-16-00-045, and 135-16-00-083, collectively situated at 1701 Central Ave, Summerville, SC 29483-9320. This opportunity offers immediate income with strong long-term development potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,760 SF
Building Class
C
Year Built/Renovated
1983/2023
Price
$1,226,605 CAD
Price Per SF
$444.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
2.18 AC
Zoning
Neighborhood Commercial - Zoning: Neighborhood Commercial District within Dorchester County. Three (3) parcels, TMS# 135-16-00-044, 135-16-00-045, and 135-16-00-083.
Parking
8 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
201’ on Central Avenue
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Building Independence Together
- Educational Services
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Building Independence Together | Educational Services | 99,999 SF | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 135-16-00-045 | Improvements Assessment | $8,446 CAD |
| Land Assessment | $16,946 CAD | Total Assessment | $25,392 CAD |
Property Taxes
Parcel Number
135-16-00-045
Land Assessment
$16,946 CAD
Improvements Assessment
$8,446 CAD
Total Assessment
$25,392 CAD
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Development Opportunity with Income in Place | 1701 Central Ave
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