1488 Remount Rd
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1488 Remount Rd
2,200 SF 9% Leased Office Building North Charleston, SC 29406 £513,506 (£233/SF) 8.80% Net Initial Yield
Investment Highlights
- Lots of natural light.
- Heavy day-time traffic
- Traffic Light.
Executive Summary
Prime Investment Opportunity. This offers a great location and is a True Live/ Work environment. Located on Commercial frontage with plenty of parking and signage. This listing includes a second building that is being completed with proposed usage as a restaurant, coffee shop or commercial kitchen for food trucks. Roughly 800 SF. New electrical, new plumbing and installing a new roof. Will also include restaurant equipment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,200 SF
Building Class
C
Year Built
1978
Price
£513,506
Price Per SF
£233
Net Initial Yield
8.80%
NOI
£45,189
Percent Leased
9%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
2,200 SF
Building FAR
0.05
Land Acres
1.00 AC
Zoning
C - Commercial
Parking
2 Spaces (0.91 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Fireplace
- Signage
- Kitchen
- Natural Light
- Fire Pits
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PROPERTY TAXES
Parcel Number | 473-14-00-201 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £15,879 |
PROPERTY TAXES
Parcel Number
473-14-00-201
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£15,879
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1488 Remount Rd
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