Recently Completed Mixed Use Investment in Historic District - Downtown Bluffton, SC

209 Goethe Road Bluffton, SC 29910

FOR SALE
Property Type:
Multi Tenant Office
Amount:
$935,000
Last Verified:
Apr 06, 2021

Highlights

  • Recently Completed Mixed Use Investment
  • National Credit Tenant with Long Term Lease on Ground Floor
  • Downtown Historic Bluffton Adjacent to the Promenade
  • High Demand
  • Lowcountry Design with Wrap Around Porches
  • Steady Income Stream
  • National Commercial Tenant on Ground Floor with Apartments Above

Description

Recently completed mixed use property adjacent to the Calhoun Street Promenade in historic downtown Bluffton. Great opportunity for an investor interested in a beautiful mixed use property in the center of historic downtown Bluffton. The offering consists of two buildings on .12 acres. The main building has a five-year lease with a national healthcare company on the first floor and a two floor apartment / duplex on the second and third floors. The carriage house has a garage on the ground floor with a leased apartment above and there is upside potential in leasing the parking to the tenants. The main building has wrap around porches on the second and third floor. The building features some on-site parking as well as street parking surrounding the property. The third floor addition is just being completed and should be leased before close of sale.

Located in the historic district of downtown Bluffton, adjacent to the Calhoun Street Promenade. Historic Downtown has become Bluffton's most sought after address. The property is surrounded by commercial and residential developments, with a plethora of exceptional dining, shopping and entertainment options within walking distance. The myriad of festivals and farmer's market have helped transform the Historic district into its own destination with locals and visitors. Easy access throughout the market and less than 30 minutes from downtown Savannah. This is a high growth area with extremely high demand in the historic district.


Year Built: 2020
Building Size: 4099sq ft
Building Class: A
Lot Size: 0.12 acres

Map of 209 Goethe Road, Bluffton, SC, 29910

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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."

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