2280 Savannah HwyCharleston, SC 29414

  • Other commercial real estate
  • 7,000 SF
For Lease
$24.39/SF/YR View listing

Property Details for 2280 Savannah Hwy

Year built
1960
Lot size
0.53 AC
Property size (Sq ft)
7,000 SF
Property type
Other commercial real estate
APN
310-03-00-008
APU
3100300008

Description

This exceptional 750-square-foot retail or office space is ideally situated at the corner of Savannah Highway and Savage Road in Charleston, South Carolina, zip code 29414. The single-tenant space boasts storefront dimensions of approximately 15 feet wide by 50 feet deep, offering excellent visibility and accessibility. The property is part of a vibrant retail center, sharing space with established businesses including Charlies Grocery, Subway, Jeri's Barbershop, and Badd Kitty. This high-traffic location benefits from an estimated 50,000 average annual daily traffic (AADT), ensuring significant exposure for your business. The space is available for lease starting May 1, 2024, with an estimated Year 1 total operating expenses (TICAM) of $3.61 per square foot. The total building size is 13,500 square feet, with this space representing a portion of the available area. Note that this space is not suitable for vape or tobacco-related businesses. The existing tenant is relocating within the center to a larger space, presenting a unique opportunity for a new business to establish itself in this thriving commercial area. This property offers a fantastic opportunity for businesses seeking high visibility and a strong tenant mix.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $724,123
    Hospitality
    $663,293
    Educational
    $551,852
    Medical
    $570,831
    Retail
    $858,436
2280 Savannah Hwy, Charleston, South Carolina

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7925
Longitude
-80.043
CBSA code
16700
CBSA name
CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,469
-
-
$48,600
-
$700,000
$380,000
$1,080,000

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