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Investment Highlights

  • High visibility and accessibility
  • Established Business Environment

Executive Summary

This income-producing commercial building in the heart of Summerville's central business district delivers what most investors spend years searching for: established tenants, steady monthly income, and room to grow.
Four tenants are currently in place generating $4,500 per month — $54,000 annually — with significant additional upside available. The main office space is available to lease at $2,500 per month, bringing total potential monthly income to $7,000 and annual gross income to $84,000 for an investor ready to activate that opportunity.
The 0.26-acre lot provides operational flexibility, and the multi-unit configuration means no single tenant departure disrupts the entire income stream.
Location is the quiet differentiator here. The property sits within walking distance of retail, grocery, dining, and professional services — the kind of walkable commercial corridor that keeps tenants renewing and customers returning. In a market where Summerville's commercial demand continues to outpace supply, positioning matters, and this property is well-positioned.
Whether you are an investor adding a cash-flowing commercial asset to your portfolio, a business owner exploring an owner-occupied opportunity, or a buyer building long-term wealth through commercial real estate, this property delivers on day one while leaving meaningful income upside on the table for the right operator.
Opportunities like this in Summerville's core business district move quickly. Contact Ken Claude at Carolina Coastal Realty Group to schedule a private showing and request the full financial package.
?? Call or text: 843-900-1254
?? Carolina Coastal Realty Group, LLC | Equal Housing Opportunity

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $84,000 $29.21
Other Income - -
Vacancy Loss - -
Effective Gross Income $84,000 $29.21
Taxes $10,500 $3.65
Operating Expenses $13,440 $4.67
Total Expenses $23,940 $8.32
Net Operating Income $60,060 $20.88

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $84,000
Annual Per SF $29.21
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $84,000
Annual Per SF $29.21
Taxes
Annual $10,500
Annual Per SF $3.65
Operating Expenses
Annual $13,440
Annual Per SF $4.67
Total Expenses
Annual $23,940
Annual Per SF $8.32
Net Operating Income
Annual $60,060
Annual Per SF $20.88

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
2,876 SF
Building Class
C
Year Built/Renovated
1980/2024
Price
$1,150,000
Price Per SF
$399.86
Cap Rate
8.35%
NOI
$96,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,876 SF
Building FAR
0.25
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
N-MX_SV - N-MX - Neighborhood Mixed-Use
Parking
8 Spaces (2.78 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Reception

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Invitation Only
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Invitation Only Arts, Entertainment, and Recreation - - -
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
130-15-09-005
Land Assessment
$5,517
Improvements Assessment
$20,333
Total Assessment
$25,850
Annual Taxes
$10,500 ($3.65/SF)
Tax Year
2025
  • Listing ID: 40132812

  • Date on Market: 4/13/2026

  • Last Updated:

  • Address: 500 N Pine St, Summerville, SC 29483

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