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2 Regency Pky 5,149 SF Retail Building Hilton Head Island, SC 29928 $2,581,120 CAD ($501.29 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy daily car traffic on main highway
- Free standing building
- Mid Island
EXECUTIVE SUMMARY
Approx, 5149 square feet on .84 acres which fronts Highway 278 with a high daily traffic count. The property is zoned Light Commercial and can be used for a variety of purposes. It has been used as a restaurant in the past with seating for 207. Current fixtures can be included in sale price.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$226,022
|
$43.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$226,022
|
$43.90
|
| Taxes |
$9,766
|
$1.90
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,766
|
$1.90
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $226,022 |
| Annual Per SF | $43.90 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $226,022 |
| Annual Per SF | $43.90 |
| Taxes (CAD) | |
|---|---|
| Annual | $9,766 |
| Annual Per SF | $1.90 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $9,766 |
| Annual Per SF | $1.90 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,149 SF
Building Class
C
Year Built
1996
Price
$2,581,120 CAD
Price Per SF
$501.29 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.83 AC
Zoning
6615
Frontage
204’ on WILLIAM HILTON PARKWAY
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R520-011-000-0154-0000 | Total Assessment | $29,231 CAD |
| Land Assessment | $0 CAD | Annual Taxes | $9,766 CAD ($1.90 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R520-011-000-0154-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$29,231 CAD
Annual Taxes
$9,766 CAD ($1.90 CAD/SF)
Tax Year
2024
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Presented by
Romano Enterprises, Inc.
2 Regency Pky
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