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70 N Main St 2,912 SF Office/Medical Condo Unit Offered at $769,000 in Hilton Head Island, SC 29926
Executive Summary
Suite 400 offers a unique opportunity to acquire a multi-suite professional office condo with existing rental income. The current layout allows an owner-user to occupy a portion of the space while generating income from leasing individual offices to professional tenants. With four existing tenants occupying five offices on month-month terms, a new owner can immediately benefit from in-place income. This type of flexible, income-producing office configuration is very limited on Hilton Head Island, particularly with in the Main Street corridor, one of Hilton Head's most established professional office corridors. Situated in one of Hilton Head Island’s most established professional office corridors Prime Main Street location with convenient access to both the north and south ends of the island
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- Offering Memorandum
Property Facts
| Total Building Size | 2,912 SF | Typical Floor Size | 2,912 SF |
| Property Type | Office (Condo) | Year Built | 1999 |
| Building Class | C | Parking Ratio | 3.43/1,000 SF |
| Floors | 1 | ||
| Zoning | Commercial - Commercial | ||
| Total Building Size | 2,912 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 2,912 SF |
| Year Built | 1999 |
| Parking Ratio | 3.43/1,000 SF |
| Zoning | Commercial - Commercial |
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Security System
- Air Conditioning
1 Unit Available
Unit 400
| Unit Size | 2,912 SF | Condo Use | Office/Medical |
| Price | $769,000 | Sale Type | Investment or Owner User |
| Price Per SF | $264.08 |
| Unit Size | 2,912 SF |
| Price | $769,000 |
| Price Per SF | $264.08 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
Description
Suite 400 offers a unique opportunity to acquire a multi-suite professional office condo with existing rental income. The current layout allows an owner-user to occupy a portion of the space while generating income from leasing individual offices to professional tenants.
With four existing tenants occupying five offices on month-month terms, a new owner can immediately benefit from in-place income.
This type of flexible, income-producing office configuration is very limited on Hilton Head Island, particularly with in the Main Street corridor, one of Hilton Head's most established professional office corridors.
Situated in one of Hilton Head Island’s most established professional office corridors
Prime Main Street location with convenient access to both the north and south ends of the island
Surrounded by a strong mix of professional services, medical offices, and upscale retail with close proximity to Hilton Head Hospital, restaurants, banks, and retail amenities
Efficient and flexible floor plan. Current layout includes reception area, conference room, two restrooms, large work area, office storage, and multiple individual office suites and large attic space for storage (see attached floor plan).
Sale Notes
Suite 400 offers a unique opportunity to acquire a multi-suite professional office condominium with existing rental income and future flexibility. The current layout allows an owner-user to occupy a portion of the space while generating income from leasing individual offices to professional tenants.
With several offices already leased on month-to-month terms, a new owner can immediately benefit from in-place income while maintaining the ability to:
- Increase occupancy for their own business over time
- Re-tenant the space at market rates
Operate the suite as a multi-tenant office investment
This type of flexible, income-producing office configuration is increasingly limited on Hilton Head Island, particularly within the Main Street corridor.
+13 More
Floor Plan
Reception Area
Reception Area
Reception Area
Conference Room
Conference Room
Office
Office
Office
Office
Office
Work Area
Hallway
Conference Room
Conference Room
Reception Area
Reception Area
Reception Area
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70 N Main St
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