219 Cedar StSummerville, SC 29483
NNN Lease, High ROI, Prime Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Prime downtown Summerville location at 219 & 217 S Cedar St.
- 3,831 square foot mixed-use building with a thriving bar/restaurant tenant under a 10-year NNN lease (two 5-year options starting April 30, 2024).
- Strong current NOI of $135,645 and a 4.53% cap rate.
- Two fully furnished short-term rental apartments (studio & one-bedroom) with 100% occupancy.
- Recently renovated (2023) and situated across from the new Bonaire Park and Hutchinson Square, benefiting from increased foot traffic.
- D-Mx_Sv zoning.
Property Details for 219 Cedar St
- Property type
- Retail properties, Restaurants
- Square Feet
- 3,831 SF
- Year Renovated
- 2023
- Buildings
- 2
- Stories
- 2
- Units
- 4
Location Insight
- City
- Summerville
- County
- Dorchester
- State
- South Carolina
- Latitude
- 33.019184683946
- Longitude
- -80.17810934784
Nearby Similar for Sale
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