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828 Bay Street, Beaufort, SC 29902

$880,000
Property Type: Commercial/Industry Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $880,000 List Date: 10/04/2017 Last Modified: 9/06/2024

Overview

Description

A downtown gem. Historic character without historic maintenance headaches. Two Long Term tenants in place. Building conservatively price at 6.6% Cap Rate based on present income / expense. Financials on Documents. Leases furnished upon request to interest / qualified buyers. New Roof and 2 HVAC's in 2012 / 1 HVAC in 2016.

Listing Details MLS# 154181

Listing Location Tax Legal Info

Major Area
Beaufort
Asking Price
930000
St #
828
Street Name
Bay
St. Suffix
Street
County
Beaufort
State
SC
Zip Code
29902

Keywords

Location
Corner Lot
Handicap
Yes
Sign
No

General Property Description

View Description
Bay Street / Waterfront Park
Shared Interest Y/N
No
Approx Acres
0.1
Lot SqFt
4356
Total # Units
2
# of Stories
Yes
Legal Desc
POR BLK 61 DB01941043
Bank Owned
No
Short Sale
No
Key Code #
00221539
Lot Dimensions
Plat in Docs
SqFt Imp
3500
Year Built
1998
Annual Rent Per SqFt
20.53
Present Use/Title of Business
Retail
Projected Use
Retail
Gross Annual Income
73920
Rental Duration
90 Days or More
Dock Permits in Hand
No
Zoning
Commercial
Aicuz
No
Olrea/B
No
Directions
Corner of Bay and West Streets
Waterfront
No
Tax Database ID
R120-004-000-0930-0000
Parking Space #
0

Status Change Info

Under Contract Date
2017-11-30
Sold Date
2018-01-09
Sold Price/Acre
8800000

Listing, Location, Tax & Legal Info

For Sale/For Rent
For Sale
Minor Area
Downtown Bus/Bay St.
List Price/Acre
9300000

Will Sell

Cash
Yes
Conventional
Yes
Owner Carry 1st
Yes
Sell/Entirety
Yes

More Information

Imp. w/Structure

Yes
Yes

Approx. Age

16 Or Over
Yes

Documents on File

Aerial Photo
Yes
Boundary Survey
Yes
Building Plans
Yes
Leases
Yes
Legal Description
Yes

Land Status

Land Included
Yes

Construction

Brick
Yes

Parking

On Street
Yes

Ceiling Height

Variable Heights
Yes

Flooring

Concrete Slab
Yes

Heating

Heat Pump
Yes

Cooling

Heat Pump
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Flood Insurance

Status Unknown
Yes

Possession

Subject to Tenants
Yes

Vacancy

Lease/Rented
Yes

Showing Instructions

Appt. Only
Yes

Handicap Accessible

Accessible Approach with Ramp
Yes

Property Features

Will Sell: Cash; Conventional; Owner Carry 1st; Sell/Entirety Documents on File: Aerial Photo; Boundary Survey; Building Plans; Leases; Legal Description Land Status: Land Included Parking: On Street Construction: Brick Ceiling Height: Variable Heights Flooring: Concrete Slab Heating: Heat Pump Cooling: Heat Pump Sewer: Public Sewer Water Source: Public Flood Insurance: Status Unknown Possession: Subject to Tenants Vacancy: Lease/Rented Showing Instructions: Appt. Only Handicap Accessible: Accessible Approach with Ramp
IDX
Listing Office: Tideland Realty Inc
Last Updated: September - 06 - 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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