This exceptional 5.5-acre property in Summerville, SC, presents a compelling value-add investment opportunity. Located at 1219 Central Ave, this parcel, zoned for Neighborhood Business use (APN 136-07-02-006), includes three individual parcels sold together. The site boasts existing structures, offering immediate income potential or redevelopment options. These include four ranch homes (1442, 1627, and 2297 square feet, built in 1970, 1987, and 1951 respectively), a trailer home, and approximately 6000 square feet of industrial warehouse space. The property's prime location, just three miles from downtown Summerville and within five miles of I-26, Alt 17, and Highway 78, ensures high visibility and accessibility. The rapidly developing area presents significant potential for various uses, including townhome development (approximately 40 units possible), multi-family, retail, office, industrial, or mixed-use projects. The asking price is $2,337,500. This unique offering provides a rare chance to capitalize on Summerville's growth, offering both immediate return and long-term development potential. The existing structures provide flexibility for immediate income generation while the expansive lot size allows for significant future development. This is an ideal opportunity for investors seeking a blend of immediate cash flow and substantial long-term appreciation.
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Dennis Leslie
Aya Hojadova
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1219 Central Ave, Summerville, South Carolina, 29483
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1219 Central Ave
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