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0 Baths

$570,000

881 Parris Island Gateway, Beaufort SC, 29906

Price per sqftN/A
Built in1955
Property typeCommercial
Source: Lowcountry Regional MLS

Overview

Sold

Closed

Listed Oct 7, 2024

Updated Jun 10

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.

Additional information

MLS® ID
187233

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.62 Acres
MLS provider logo

Courtesy of The HomesFinder Realty Group 

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