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$525,000
Est. payment /mo
32,234 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Contingency
Purchase Type For Sale
Square Footage 32,234 sqft
Price per Sqft $16
MLS Listing ID 31006542
Lot Size 0.740 Acres
Acres 0.74
Property Sub-Type Unimproved Land
Property Description
This Commercial Pad Site in the heart of Downtown Summerville comeswith engineered site plans, saving the Buyer a significant amount of time. This is a shovel ready project located in an Opportunity Zone with potential great tax benefits to the Developer.Summerville's newest commercial development project is locatedat West 5th North St (78) & North Laurel Street. The current suggested plansoffer two variations, one building (9,373 SF total) or two buildings with a courtyard (4,225 SF per building). This is a rare opportunity to create customized office or retail space in close proximity to Downtown Historic Summerville. The speculative development includes floorplans that are divisible and customizable. As depicted in the renderings, the two-building plan allows for 4 bays at 2,010 SF each. The one-building plan allows for four bays: two at 2,188 SF each and an addition two end units at 2,295 SF each.This new development is situated along Highway 78, just past Main Streetin Summerville. Businesses will benefit from 14,600 vehicles passing by perday and have the opportunity to display their business name on theapproved monument fronting West 5th North St.The Daniels Orchard community immediately in the rear of the commercial space features 155 new single-family homes. There is an opportunity for a drive through component as well. The property is in the Town of Summerville's jurisdiction (Dorchester County) and allows for a wide variety of uses--see zoning notes. The speculative parking ratio is 6 per 1,000. There is an opportunity to purchase the twin adjoining lot, for a combined buildable SF of 17,376 SF. Inquire about BTS opportunity.
Location
State SC
County Dorchester
Zoning Dorchester - PD - Planned Development
Building
Sewer Public Sewer
Water Public
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Listed by April Curci • Carolina One Commercial Real E
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