Price Reduction
Address
588 E Bay St Charleston, SC
Price
$ 3,600,000
Property Attributes
  • MLS#30049385
  • TypeContingent
  • CountyCHARLESTON
  • CityCharleston
  • AreaCharleston Inside Crosstown
  • Zip29403
  • Style
  • Price$ 3,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Beach Commercial, A Division of The Beach Company
Property 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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
4/3/2017 Listed $3,900,000
2/20/2018 8% - $3,600,000

General Features

Property Sub Type Convenience Store, Free-Standing Building, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Property Type Retail-Commercial
Submarket 51 - Peninsula Chas. inside of crosstown

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 29403

Price
AVG $1.04M
$3.6M
Visits
AVG 101
8
Walkscore
AVG 75
84

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