MLS# 31002959 | 216 Myers Road Summerville SC | subdivision

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$3,950,000 Reduced -$850,000
216 Myers Road
Summerville, SC 29486
  • $438.89Price per SqFt
  • 9,000SqFt
  • 30Days on Market
  • N/AZoning
  • 1993Year Built
  • OfficeUse
  • MLS# 31002959
  • Commercial Sales
  • Office
  • Active Contingent

  • Approx Time on Market1 month, 2 days
  • AreaGoose Creek / Moncks Corner - Hwy17a- Hwy52
  • CountyBerkeley
  • Subdivision N/A

Overview

This two-unit, 9,000 SF office building is fully leased with a 5-year lease term for each unit and a current NOI of just below $235,000. There is a vacant acre on the east side of the existing building which has ample space for another similar building and therefore the ability to double the rental income on this property. It is located on a desirable, high traffic state road that connects 17-A and HWY 176. There is a new residential development adjacent to the property that is expected to hold ~220 rooftops with potentially ~200 more in second phase. Property is 5 min from booming Carnes Crossroads development. Building exterior completely renovated 2020 and interior was built to suit for each tenant at beginning of lease term. Zoned Rural and Neighborhood Commercial. One active tenant, Acuity Dental-Orthodontics (Suite A), has a 5-year lease with option to renew in 2026. The other suite is currently vacant. Approximately 1 acre of buildable land included in listing. See attachment for conceptual design of additional building. Conceptual drawings are purely conceptual and have not been submitted for any approvals.



Building Info

Anchored:  No

Year Built:  1993

Financial

Garage / Parking

Parking Type:  Surface

Lot Info

County:  Berkeley

Land Size:  2.72

Misc

Class of Space:  Class A

Title:  216 Myers Road-Office and Additional Land

Offer Compensation

Property Info

Ceiling Height Maximum:  17.00

Second Property Subtype:  Office, Retail

Zoning:  Berkeley - RNC - Rural and Ne

Nearest Msa:  Charleston-North Charleston, SC

Property Type:  A

Original Price:  $4,800,000

Ceiling Height Minimum:  9.00

Property Use Type:  Business Park, Commercial, Investment, Medical/Dental, Mixed Use, Office, Recreational

Class Type:  Office

Sold Info

Sqft Info

Rentable Area:  9000

Unit Info

Utilities / Hvac

Water Source:  Public

Sewer:  Public Sewer

Directions

From Dowtown Charleston, take I-26 W towards Columbia. Take exit 203 to College Park Road. In 3.3 miles, turn right onto Edgebrook Road. Follow the road only 0.3 miles and then turn onto Myers Road. In 0.6 miles, turn left into the parking lot.

Courtesy of listing office Carolina One Real Estate 

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Price & Status History (on marshallwalker.com since Mon, Feb 24th 2025)
  • Original Price: $4,800,000
  • Current Price: $3,950,000
  • Price Reduced: $850,000
Date ChangedFromTo
01/28/2025ActiveActive Contingent
11/08/2024$4,800,000 $3,950,000 Reduced by $850,000

Residential, Land, Other Disclaimer:

Broker Reciprocity 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 03-27-2025 6:32 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. Copyright 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2025 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-27-2025 6:32 PM EST est.

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