MLS# 30340175 | 101 Pitt Street Mount Pleasant SC | subdivision
843-225-7007
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Mount Pleasant, SC 29464
- $553.36Price per SqFt
- 7,270SqFt
- 469Days on Market
- N/AZoning
- 1888Year Built
- HospitalityUse
- MLS# 30340175
- Commercial Sales
- Hospitality
- Sold
- Approx Time on MarketN/A
- AreaMt. Pleasant South of Iop Connector
- CountyCharleston
- SubdivisionN/A
Overview
The property is a fixture and a landmark of the community. The real estate is irreplaceable. The Old Village Post House Inn and Restaurant was built in 1888 and is situated on a hard corner parcel of 0.13 acres at the prestigious corner of Pitt and Venning Streets in the coveted and historic Old Village community of Mount Pleasant which is the fourth largest city in the state. All proper licensing and zoning to operate as an inn and restaurant are current and convey. With continued use, new Town of Mt. Pleasant impact fees are not applicable. This grand property consists of approximately 3,910 sf of restaurant and approximately 3,360 sf of a 6 room inn. This property has been carefully restored, most recently in 2015, with renovations, cosmetic upgrades and a new roof. All of the new FF&E and new kitchen equipment will convey with the sale. In operation as an inn and restaurant since 2015 by current owners, online reviews are highly favorable. TURN-KEY OPPORTUNITYThe opportunity provides a new or seasoned operator a stress-free transition to a secure lifestyle which benefits from proven systems and processes in place, providing a financially stable business operation. Inn staff are trained and willing to stay with new owners. Old Village Post House Inn and Restaurant offers a new proprietor a distinct advantage to being the only B&B located in the Old Village.The property is being sold fully furnished and the inn and restaurant operation is TURN-KEY READY. The price includes all accoutrements needed to operate the business, This is a pride of ownership asset with high barriers of entry to the market. Financial operating data is available upon request and return of signed Confidentiality and Registration Agreement.This is the sale of an existing business along with the real estate. Showings are by appointment only. Please do not approach the employees for information on the sale. Please do not attempt to tour the property on your own. Please call the listing agent, Edward Robinson, to set up all showing appointments.
Sale Info
Listing Date: 01-30-2023
Sold Date: 02-04-2019
Listing Sold: 
5 Year(s), 3 month(s), 10 day(s) ago
Asking Price: $4,022,914
Selling Price: $4,022,914
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1888
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Land Size: 0.00
Misc
Title: Historic Inn and Restaurant For Sale
Offer Compensation
Property Info
Second Property Subtype: Hospitality
Zoning: Neighborhood Commercial
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Other
Property Type: A
Original Price: $4,022,914
Build To Suit: No
Property Use Type: Bed & Breakfast, Business, Hospitality, Industrial, Inn, Investment, Multi-Family, Other, Retail
Class Type: Hospitality
Sold Info
Sold Date: 2019-02-04T00:00:00
Sqft Info
Rentable Area: 7270
Unit Info
Utilities / Hvac
Courtesy of listing office Beach Commercial, A Division of The Beach Company
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