Exceptional Development Opportunity in Historic Downtown Bluffton

5838 Guilford Place Bluffton, SC 29910

FOR SALE
Property Type:
Other Land
Amount:
$239,000
Last Verified:
Mar 12, 2020

Highlights

  • Premier Lot at Entrance to Stock Farm
  • Extraordinary Visibility on Highway 46 - May River Road
  • Historic Downtown Bluffton Location
  • Flexible Zoning - Can Accommodate Commercial or Residential Uses
  • Food & Beverage Permitted
  • Utilities, Dedicated Parking and Dumpster Enclosure in Place
  • Build-to-Suit Possible

Description

Lot 15 is a prime corner lot at the entrance to Stock Farm, fronting May River Road. This highly desirable lot affords exceptional visibility to the traffic on Highway 46. The property is approved for a 2,375 sf main building and an additional 1,200 sf out building and is zoned mixed use, allowing for both commercial and/or residential uses, including vacation rentals (VRBO). Utilities and dedicated parking already in place. This is one of only a couple of lots in Stock Farm that allows for food and beverage sales. Seller will also consider a build-to-suit arrangement for the right buyer.

Fronting May River Road in the highly desirable Stock Farm community in historic downtown Bluffton. Stock Farm is a charming, mixed-use community, combining residential and businesses together in one community within Old Town. The property is located in the heart of the redevelopment area with new pedestrian friendly streetscapes fronting the lot and majestic oak trees draped with Spanish moss surrounding the development. This is a high traffic area with shopping, dining and entertainment options surrounding the property including the Calhoun Street Promenade, and the weekly farmer's market, within walking distance. Old Town Bluffton has experienced dynamic growth and has become the most sought after address in the market. Easy access to anywhere in the community, including Savannah which is less than 30 minutes away.

Building Class: A
Lot Size: 0.2 acres

Map of 5838 Guilford Place, Bluffton, SC, 29910

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.