For Sale
$1,149,000

9 Promenade St Bluffton, SC 29910

Historic Old Town, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents two Class A commercial condos totaling 1,500 square feet, located at 9 Promenade Street in Bluffton, South Carolina's historic Old Town. Currently operating as a restaurant, this property offers a 6.75% cap rate and is situated in a high-foot-traffic area, promising strong rental income. Built in 2007, the single-story building features two units (Suite A & B), each with a separate tax ID (Suite A: R614-039-00A-00 18-0037, Suite B: R614-039-00A-0018-0038). The property is offered as a net lease (NNN) with a single tenancy. The asking price is $1,149,000. While the adjacent patio is currently used by the tenant, it is leased separately and does not convey with the sale. Detailed financial information, lease terms, site plans, and floor plans are available upon request. This is a rare chance to acquire a thriving commercial property in one of the Lowcountry's most desirable locations. Don't miss this chance to own a piece of Bluffton's vibrant culinary scene.

Highlights

  • High foot traffic location.
  • Excellent visibility from major thoroughfare.
  • Strong tenant mix generating consistent traffic.
  • Located in a densely populated area with high consumer spending.
  • Proximity to key amenities and public transportation.

Property Details for 9 Promenade St

Property type
Retail properties, Restaurants
Square Feet
1,500 SF
Class
A
Year Built
2007
Stories
1
Units
2

Location Insight

City
Bluffton
County
Beaufort
State
South Carolina
Latitude
32.238313088779
Longitude
-80.861864355439

FAQs

What type of property is this?
Retail property - Historic Old Town, High-Traffic Location
Where is the retail property located?
The property is located at 9 Promenade St Bluffton, SC.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: High foot traffic location.; Excellent visibility from major thoroughfare.; Strong tenant mix generating consistent traffic.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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9 Promenade St
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