1632 Central,Summerville, SC

1632 CentralSummerville, SC

OI (Office Institutional) Commercial zoned investment opportunity right on Central Ave in the highly sought after Knightsville Community. Property consists of .32 acre 350' deep lot with a 917sf, 2 bedroom 5 total room fixer upper house plus 2 garage buildings all totaling 1713 square feet. Great location for all types of office uses or possible rezoning to allow a much broader amount of uses. Property is being sold as is.

Info

City NameSummerville
CountyDorchester
StateSC
Property TypeOffice
Postal Code29483
Square Feet1713 SF
Landsize Units0.3200Acre
Status Active
Parcel Number 1351600001
Title KNIGHTSVILLE INVESTMENT OPPORTUNITY
Year Build 1965
Zoning Dorchester - OI - Office and Institutional
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Listed by: Carolina One Real Estate

Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

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.

TheUnderwriting

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.