MLS# 30049385 | 588 E Bay Street Charleston SC | subdivision
843-225-7007
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Charleston, SC 29403
- $2,434.08Price per SqFt
- 1,479SqFt
- 458Days on Market
- N/AZoning
- 1997Year Built
- RetailUse
- MLS# 30049385
- Commercial Sales
- Retail
- Sold
- Approx Time on MarketN/A
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionN/A
Overview
Long Term Land Lease Investment Sale. Rare opportunity to purchase one of the most accessible gas stations in a scarce market of Downtown Charleston. Circle K has nine and a half years left on its initial term with multiple extensions. Proven, successful business location (in place over nine years). Property is situated on 0.79 acres of land improved with a stand-alone 1,479 sf main convenience store and a 810 sf car wash. Coveted General Business Zoning. Cap rate reflective of November 1, 2017 date. Excellent credit tenant with over 8,000 locations internationally.Directions: Located on East Bay Street near the lighted intersection of Chapel Street. Property is located directly across the street from the US Post Office.
Sale Info
Listing Date: 01-30-2023
Sold Date: 10-26-2018
Listing Sold:
5 Year(s), 6 month(s), 6 day(s) ago
Asking Price: $3,600,000
Selling Price: $3,600,000
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1997
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Land Size: 0.00
Misc
Title: 588 East Bay Street
Offer Compensation
Property Info
Second Property Subtype: Retail
Zoning: City of Charleston - GB - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Other
Property Type: A
Original Price: $3,600,000
Build To Suit: No
Property Use Type: Convenience Store, Hospitality, Industrial, Investment, Multi-Family, Other, Retail, Retail - Pad, Vehicle Related
Class Type: Retail
Sold Info
Sold Date: 2018-10-26T00:00:00
Sqft Info
Rentable Area: 1479
Unit Info
Utilities / Hvac
Courtesy of listing office Beach Commercial, A Division of The Beach Company
MLS# 30463181 
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 05-02-2024 7:31 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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