Price reduced! Conveniently located, renovated office with 8 off-street parking spaces. This property is on the corner of Rutledge Avenue and Fishburne Street and has great visibility. The office is approximately 1,700 SF. It was previously used as two office units on the first floor; there are still multiple active electric meters. The parking lot accommodates up to 8 vehicles and is accessed from Fishburne Street. There is an additional side yard that could be a courtyard or garden area. The building was renovated extensively in 2007 and again in 2016. It is in very good condition.
Area | Peninsula Charleston Outside of Crosstown |
City Name | Charleston |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29403 |
Square Feet | 4615 SF |
Date Modified | 2019-11-25T08:48:20 |
Property Status | Existing |
Status | Active |
Title | Price Reduced Corner Office - 8 Parking Spaces Included |
Zoning | DR-1F |
Listed by: Prospect Real Estate Brokers | 843-619-2995
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.