309 W 4th North St
Summerville, SC 29483
Office Property For Sale

Rare opportunity to own a duplex in the heart of Old Summerville! Up until now this property has been used as a residential duplex, but it is zoned COMMERCIAL - B1 District and would be an ideal location and floor plan for an office. However residential use is also permitted in the B-1 zoning district. There are a lot of possibilities and potential for this property! The unit on the right side (#309) is approximately 1020 square feet. Coming in the front door, there is a living room which would make a nice front office/reception area. There is a separate bedroom/office room up front to the right of the living room/reception area. Plus there is a larger sunroom/office/conference room addition on the back with lots of windows that allow for an abundance of natural light. There is also a full kitchen with a designated dining area. The unit on the left side (#311) is approximately 784 square feet. Coming into the front door on this one is a living room which would also make a nice front office/reception area. To the left there are an additional 2 bedrooms/office spaces with a bathroom in between. This unit also has a full kitchen and dining area which opens to a screen porch overlooking the back yard. There is a total of approximately 1804 square feet for both units combined. A copy of the floor plan is available. There is mostly hardwood flooring in both units. Both backyards have privacy 6 foot wood fencing, plus there is a separate storage building on the back right corner of the lot. Additional parking in the rear should be adequate depending on a buyers intended use for the property. Please note: The Cap Rate of approximately 9% on this property is projected and estimated using a rental rate of $20 per square foot and estimated operating expenses for taxes and insurance only. Actual Cap Rate will vary depending on actual rental rate and actual operating expenses.