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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
Office/Residential
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
473-14-00-201
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£15,879
  • Listing ID: 28126513

  • Date on Market: 03/04/2023

  • Last Updated:

  • Address: 1488 Remount Rd, North Charleston, SC 29406

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