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2137 Savannah Hwy 23,250 SF Retail Building Charleston, SC 29414 $8,700,000 ($374.19/SF)
INVESTMENT HIGHLIGHTS
- Owner Occupancy or Investment Opportunity
- Glass storefront and 2 drive-in doors
- Tenant relocating
- +/- 160' road frontage on Savannah Highway
- Fully conditioned space with showroom, office and back office
EXECUTIVE SUMMARY
Avison Young is pleased to exclusively offer this rare opportunity to purchase on the US Hwy 17 corridor in West Ashley. The property features a glass storefront, two drive-in doors, and nearly ±24,000 sf of fully conditioned space accommodating showroom, office, and back-of-house.
Located in the “auto mile,” the property is available for an owner/occupant or investment opportunity. Current automotive user is relocating. The site would be well-suited for automotive or boat sales, both uses which are currently excluded in portions of the corridor but entitled here.
The location features proximity to the Citadel Mall redevelopment site and master planned community Carolina Bay. Both downtown Charleston and CHS International Airport are within a 15-minute drive. West Ashley has been identified as a key redevelopment priority for the City of Charleston, and a nearly $350MM revitalization at “Ashley Landing” is underway.
Located in the “auto mile,” the property is available for an owner/occupant or investment opportunity. Current automotive user is relocating. The site would be well-suited for automotive or boat sales, both uses which are currently excluded in portions of the corridor but entitled here.
The location features proximity to the Citadel Mall redevelopment site and master planned community Carolina Bay. Both downtown Charleston and CHS International Airport are within a 15-minute drive. West Ashley has been identified as a key redevelopment priority for the City of Charleston, and a nearly $350MM revitalization at “Ashley Landing” is underway.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
23,250 SF
Building Class
C
Year Built/Renovated
1972/2018
Price
$8,700,000
Price Per SF
$374.19
Tenancy
Single
Building Height
1 Story
Building FAR
0.59
Lot Size
0.90 AC
Zoning
C - Commercial
Parking
32 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
164’ on Savannah Hwy
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 310-07-00-007 | Improvements Assessment | $1,255,272 (2024) |
| Land Assessment | $1,254,528 (2024) | Total Assessment | $2,509,800 (2024) |
PROPERTY TAXES
Parcel Number
310-07-00-007
Land Assessment
$1,254,528 (2024)
Improvements Assessment
$1,255,272 (2024)
Total Assessment
$2,509,800 (2024)
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2137 Savannah Hwy
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