Address
353 North Shelmore Boulevard Mount Pleasant, SC
Price
$ 1,995,000
Property Attributes
  • MLS#30440792
  • TypeContingent
  • CountyCHARLESTON
  • CityMount Pleasant
  • AreaMt. Pleasant South IOP
  • Zip29464
  • Style
  • Price$ 1,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Strategic Real Estate Advisors
Property Description

One of only 8 commercial properties on the Commercial Square in the highly acclaimed I'ON neighborhood in southern Mt Pleasant. Located near the Ravenel bridge to downtown Charleston, the property offers east access to the greater MSA. Very rarely do commercial properties come on the market in I'ON. The property owner is the original owner since it was placed into service in 2004. The owner currently occupies its headquarters in the building on the second floor. The owner designed its interiors using a high finish level to maintain the high image level found in the I'ON community. The base building has 2 retail units on the first floor all separately metered for utilities, separate HVAC units and have their own separate entrances. The second floor consists of 7 executive offices with conference room, kitchen and 2 handicapped restrooms. There are 2 separate HVAC units for the 2nd floor for ease of comfort control. The base building construction details include, all commercial grade steel framing for the interiors, standing seam metal roof, spray foam insulated and sealed attic space, copper downspouts and lots of exterior design details fitting for the I'ON commercial standards. This is an opportunity for an investor to increase rents or an owner/user who would like to buy and build equity in a class A headquarters office/retail building while having reduced occupancy costs by receiving rent from existing tenants and growing into space over time. Property has a solid cash flow history. Price includes some FF&E, phone system. Seller is a licensed real estate agent..

Price History
6/10/2019 Listed $2,250,000
2/5/2020 12% - $1,995,000

General Features

Property Sub Type Free-Standing Building, Mixed Use, Street Retail
Property Type Retail-Commercial
Submarket 42 - Mt.Pleasant South of IOP Connector

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 29464

Price
AVG $810K
$2M
Visits
AVG 122
22
Walkscore
AVG 33
70
Data Provided by Walkscore ® not using MLS data

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