Charleston, SC 29403
- $2,434.08Price per SqFt
- 1,479SqFt
- 444Days on Market
- N/AZoning
- 1997Year Built
- RetailUse
- MLS# 30049385
- Commercial Sales
- Retail
- Sold
- Approx Time on MarketN/A
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionN/A
Overview
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.
Sale Info
Listing Date: 01-30-2023
Sold Date: 10-26-2018
Listing Sold:
5 Year(s), 5 month(s), 23 day(s) ago
Asking Price: $3,600,000
Selling Price: $3,600,000
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1997
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Land Size: 0.00
Misc
Title: 588 East Bay Street
Offer Compensation
Property Info
Second Property Subtype: Retail
Zoning: City of Charleston - GB - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Other
Property Type: A
Original Price: $3,600,000
Build To Suit: No
Property Use Type: Convenience Store, Hospitality, Industrial, Investment, Multi-Family, Other, Retail, Retail - Pad, Vehicle Related
Class Type: Retail
Sold Info
Sold Date: 2018-10-26T00:00:00
Sqft Info
Rentable Area: 1479
Unit Info
Utilities / Hvac
Courtesy of listing office Beach Commercial, A Division of The Beach Company
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