Great opportunity for adaptive reuse: restaurant, office, retail This is an opportunity to purchase a 8,911 SF warehouse on 0.537 acres in an area witnessing unprecedented redevelopment over the last few years. Property consists of two buildings:- Main Building with warehouse, office and apartment space- Rear Building with warehouse and walk-in fridge Adjacent to Atlantic on Romney apartments and Charleston Tech Center Within walking distance to a variety of restaurants, apartments and offices. Direct access to I-26 and easily accessible to major thoroughfares including Highway 17, Ravenel Bridge, Morrison Drive and Meeting Street.
| City Name | Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29403 |
| Square Feet | 8911 SF |
| Landsize Units | 0.5370Acre |
| Status | Active |
| Parcel Number | 461-13-01-032 |
| Title | 60 Romney Street |
| Year Build | 1985 |
| Zoning | City of Charleston - UP - Upper Peninsula |
Listed by: Bridge Corporate Solutions, LLC
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.
