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500 N Pine St 2,876 SF 100% Leased Office Building Summerville, SC 29483 $1,200,000 ($417.25/SF)



Investment Highlights
- High visibility and accessibility
- Established Business Environment
Executive Summary
Great income producing office building for sale. PRIME COMMERCIAL INVESTMENT OPPORTUNITY INCOME-PRODUCING COMMERCIAL BUILDING WITH UPSIDE POTENTIAL! Discover this exceptional commercial investment property in the heart of Summerville, featuring four established tenants generating steady monthly income with significant growth potential. FINANCIAL HIGHLIGHTS: - Current Monthly Income: $5,500 - Annual Gross Income: $66,000 - Growth Potential:** Additional income opportunities available - Established Tenant Base:** Four reliable tenants in place LOCATION ADVANTAGES: This centrally located commercial building sits in Summerville's prime business district, offering unparalleled convenience and foot traffic. Tenants and customers enjoy easy walking access to: - Local shops and retail establishments - Grocery stores and markets - Restaurants and dining options - Professional services and amenities PROPERTY FEATURES:** - Land Size:** 0.26 acres providing ample space - Multi-Tenant Configuration:** Four separate rental units - Central Location:** Surrounded by thriving commercial activity - Growth Opportunity:** Potential for rent increases and additional income streams **INVESTMENT BENEFITS:** - Immediate cash flow from existing tenants - Prime Summerville location with strong market demand - Walkable neighborhood with high foot traffic - Potential for rental rate optimization - Stable commercial district with continued growth **PERFECT FOR:** - Real estate investors seeking steady income - Business owners looking for owner-occupied opportunities - Portfolio diversification with commercial real estate - Long-term wealth building through appreciation and cash flow This turnkey investment opportunity combines immediate income generation with future growth potential in one of Summerville's most desirable commercial locations. Don't miss your chance to own a piece of this thriving business district!
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
1980/2020
Price
$1,200,000
Price Per SF
$417.25
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
2 Spaces (0.7 Spaces per 1,000 SF Leased)
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 | - | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 130-15-09-005 | Improvements Assessment | $20,333 |
| Land Assessment | $5,517 | Total Assessment | $25,850 |
Property Taxes
Parcel Number
130-15-09-005
Land Assessment
$5,517
Improvements Assessment
$20,333
Total Assessment
$25,850
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Presented by
Carolina Coastal Real Group
500 N Pine St
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