40 Shanklin Rd 49,000 SF 50% Leased Industrial Building Beaufort, SC 29906 $3,675,000 ($75/SF)

40 Shanklin Road presents an exceptionally rare industrial investment and value-add opportunity in Beaufort, South Carolina. Formerly occupied by the well-known Patterson Construction operation, this S-1 zoned property offers functionality, flexibility, and substantial upside in a market where true industrial product is increasingly scarce. The improvements were originally constructed in 1969 with steel frame construction and brick exterior, and feature 16’–18’ clear heights, a TPO membrane roof, wet sprinkler system, one loading dock, and four exterior drive-in doors ranging from 8’x12’ to 22’x18’, making the asset well-suited for a variety of industrial, warehouse, contractor, storage, and service-based uses.
The property is already producing significant income annually from warehouse and land storage income alone, with 14 short-term leases in place that provide both immediate cash flow and future leasing flexibility. A major component of the opportunity lies in the approximately 19,677 square feet of climate-controlled/capable office space, the vast majority of which is currently vacant and in need of renovation—creating a true value-add play for an investor or owner-user seeking to unlock additional revenue. With conservative rental assumptions alone, the income potential here is substantial, especially when combined with the property’s storage yard revenue streams.
The site also includes more than 3 acres of fenced storage yard, a large paved parking area, and multiple access points with one central ingress/egress from Shanklin Road and two additional access points from Pebble Road. Utility infrastructure is robust, with BJWSA water and sewer, including 16” water main, 4” line, 8” fire line, 8” sewer main, and 6” sewer line, as well as significant electrical service through Dominion Energy with 3-phase service. For investors, contractors, industrial users, or redevelopment-minded buyers, 40 Shanklin Road represents a very rare chance to acquire a cash-flowing industrial asset with meaningful upside, flexible tenancy, and one of the most difficult-to-find zoning designations in the Beaufort market.
Disclosures:
Property is subject to a recorded environmental Declaration of Covenants and Restrictions associated with a prior voluntary cleanup of the former Independent Nail site. The property is limited to commercial/industrial-type use, and certain activities--including groundwater wells, excavation, grading, or disturbance of restricted areas--may require prior agency approval. Agent to accompany all showings. Property to convey as-is Property features, improvements, and conditions are believed to be accurate to the best of Listing Agent's knowledge; however, all information is subject to verification through Buyer's independent inspection and due diligence. No warranties or guarantees are made regarding the condition of the property, and Buyer is responsible for satisfying itself as to all matters deemed material to its acquisition.