588 E Bay St Charleston, SC 29403

$3,600,000
588 E Bay St, Charleston, SC 29403
30049385

Property Information

  • $3,600,000
  • Commercial
  • Retail
  • Active
  • Charleston, SC
  • Harleston Village Neighborhood
  • Charleston County
  • MLS/Web ID is 30049385

Description

Long Term Land Lease Investment Sale. Rare opportunity to purchase one of the most accessible gas stations in a scarce market of Downtown Charleston. Circle K has nine and a half years left on its initial term with multiple extensions. Proven, successful business location (in place over nine years). Property is situated on 0.79 acres of land improved with a stand-alone 1, 479 sf main convenience store and a 810 sf car wash. Coveted General Business Zoning. Cap rate reflective of November 1, 2017 date. Excellent credit tenant with over 8, 000 locations internationally.Directions: Located on East Bay Street near the lighted intersection of Chapel Street. Property is located directly across the street from the US Post Office.

Listed By

Broker: BEACH COMMERCIAL, A DIVISION OF THE BEACH COMPANY

588 E Bay St, Charleston, SC, 29403 is a Commercial Property for sale at $3,600,000. 588 E Bay St has 0.0 baths. The property's zip code is 29403 which is in Charleston, SC

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Pricing History

Date Price Price Change Description
2/20/2018 $3,600,000 -7.69 % Price Change
4/4/2017 $3,900,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Charleston $775,184 78 % below $415,000 88 % below
Commerical listings in Charleston $1,853,349 49 % below $902,500 75 % below

Get the facts about Charleston, SC!

Population 131,113
Population Growth (since 2000) 28 %
Median Income $54,040
Median Age 34.75
Households w/ Children 22 %

Residential Dwellings

  • Owned 31675
  • Vacant 7048
  • Rented 25318

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or Call us at 1-800-839-1363