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1827 Ribaut Road, Port Royal, SC 29935

$700,000
Property Type: Commercial/Industry Lot Size (sq. ft.): 37,994 Status: Closed
Current Price: $700,000 List Date: 9/16/2024 Last Modified: 10/16/2024

Overview

Description

Highway frontage opportunity in Port Royal. Established storage facility with 76 units and a high occupancy rate. Owners have successfully run this facility for many years. Current rental rates are slightly below market so room for upside. Owners request that current tenants will have 90 days notice if a buyer decides to make rental rate changes. Office trailer on the property is included in the sale. Being sold As Is.

Listing Details MLS# 186960

Listing Location Tax Legal Info

Major Area
Pt Royal
Asking Price
890000
St #
1827
Street Name
Ribaut
St. Suffix
Road
County
Beaufort
State
SC
Zip Code
29935

Keywords

Location
Free Standing
Handicap
No
Sign
Yes

General Property Description

View Description
Hwy21/Ribaut Rd
Shared Interest Y/N
No
Approx Acres
0.87
Lot SqFt
37994
Legal Desc
#BKO573
Bank Owned
No
Short Sale
No
Key Code #
00195522
Lot Dimensions
290 x 130
SqFt Imp
8820
Year Built
1984
Present Use/Title of Business
Storage
Projected Use
Storage
Zoning
Commercial
Aicuz
No
Olrea/B
No
Waterfront
No
Tax Database ID
R110-010-000-023b-0000

Financial

Property Taxes
3116
HOA/POA Fee
No
Regime Fee
No

Status Change Info

Under Contract Date
2024-09-17
Sold Date
2024-10-16
Sold Price/Acre
804597.7

Listing, Location, Tax & Legal Info

For Sale/For Rent
For Sale
List Price/Acre
1022988.51

More Information

Will Sell

Cash
Yes

Imp. w/Structure

Yes
Yes

Approx. Age

16 Or Over
Yes

Documents on File

Operating Statement
Yes

Land Status

Land Included
Yes

Road Frontage

Highway
Yes

Roofing

Metal
Yes

Parking

Parking Lot
Yes

Flooring

Concrete Slab
Yes

Heating

None
Yes

Cooling

None
Yes

Possession

At Closing
Yes

Vacancy

Lease/Rented
Yes
Occupied
Yes

Showing Instructions

Special Instructions
Yes

Property Features

Will Sell: Cash Documents on File: Operating Statement Land Status: Land Included Road Frontage: Highway Parking: Parking Lot Flooring: Concrete Slab Roofing: Metal Heating: None Cooling: None Possession: At Closing Vacancy: Lease/Rented; Occupied Showing Instructions: Special Instructions
IDX
Listing Office: Charter One Realty
Last Updated: October - 16 - 2024
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Lowcountry Regional MLS for use by its members and is not intended for use for any other purpose.

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