MLS# 30803155 | 8389 Dorchester Road North Charleston SC | subdivision

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$775,000 | N/A beds | N/A full baths | N/A half baths | 1,500 sqft

$775,000
8389 Dorchester Road
North Charleston, SC 29418
  • $516.67Price per SqFt
  • 1,500SqFt
  • 476Days on Market
  • N/AZoning
  • 1983Year Built
  • RetailUse
  • MLS# 30803155
  • Commercial Sales
  • Retail
  • Sold

  • Approx Time on Market1 month, 7 days
  • AreaNorth Charleston/summerville/ladson Dorchester
  • CountyCharleston
  • SubdivisionN/A

Overview

A former animal hospital, the building has a lease that runs until February 29, 2024. It is a triple net lease and the current monthly rent is $7,071, for an annual net income of $84,852. The rent is set to increase 2.5% beginning on March 1, 2023.This is an ideal property for an investor to collect the cash flow while you go the planning phase of any renovations for the next tenant. The lot is 0.92 acres which could allow for a larger building footprint. The building is conveniently located near the corner of Dorchester Rd and Ashley Phosphate with a traffic count of over 40,000 cars per day. Terrific signage on Dorchester Rd.


Sale Info

Listing Date: 01-30-2023

Sold Date: 03-10-2023

Aprox Days on Market: 
    1 month(s), 7 day(s)

Listing Sold: 
   1 Year(s), 2 month(s), 11 day(s) ago

Asking Price: $775,000

Selling Price: $775,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1983

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  Stand Alone Building for Sale

Offer Compensation

Property Info

Second Property Subtype:  Office, Retail

Zoning:  Dorchester - CG - General Com

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $775,000

Build To Suit:  No

Property Use Type:  Hospitality, Industrial, Multi-Family, Other, Retail

Class Type:  Retail

Sold Info

Sold Date:  2023-03-10T00:00:00

Sqft Info

Rentable Area:  1500

Unit Info

Utilities / Hvac

Courtesy of listing office Clement, Crawford & Thornhill 

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On marshallwalker.com since Mon, Jan 30th 2023
No Property History recorded for this listing.

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 05-20-2024 11:53 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 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 05-20-2024 11:53 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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