MLS# 30263888 | 1956 Maybank Highway Charleston SC | subdivision
843-225-7007
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Charleston, SC 29412
- $237.97Price per SqFt
- 19,330SqFt
- 166Days on Market
- N/AZoning
- 1966Year Built
- RetailUse
- MLS# 30263888
- Commercial Sales
- Retail
- Sold
- Approx Time on MarketN/A
- AreaJames Island
- CountyCharleston
- Subdivision N/A
Overview
Popular James Island retail center, located on busy Maybank Highway. Ask any local, and they can tell you where ""The Terrace"" is. The center includes a total of five (5) tenants: Terrace Theater, Zia Taqueria, Crust Pizza, Studio Barre, & Bowties. 100% occupied, NNN leases, all with 3% annual rent escalations. Owner has made significant improvements to the rear parking area, along with approximately 75% of the roof system being replaced. Sale subject to existing parking easement. Selling ""As-Is"" subject to inspection by prospective purchaser.
Sale Info
Listing Date: 02-24-2025
Sold Date: 06-26-2018
Listing Sold:
7 Year(s), 1 month(s), 15 day(s) ago
Asking Price: $4,600,000
Selling Price: $4,500,000
Price Difference:
Reduced By $100,000
Building Info
Anchored: No
Year Built: 1966
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Lot Acres Min: 1.780
Land Size: 1.78
Misc
Title: Terrace Plaza (NNN Leased Investment)
Offer Compensation
Property Info
Second Property Subtype: Retail
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $4,600,000
Build To Suit: No
Property Use Type: Movie Theatre, Restaurant, Retail
Class Type: Retail
Sold Info
Sold Date: 2018-06-26T00:00:00
Sqft Info
Rentable Area: 19330
Unit Info
Utilities / Hvac
Courtesy of listing office Southeastern Management Group
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 08-10-2025 3:25 PM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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