Investment Opportunity - Bluffton's Old Town

54 Bridge Street, 69 & 71 Calhoun Street Bluffton, SC 29910

54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910
54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910 54 Bridge Street, 69 & 71 Calhoun Street, Bluffton, SC, 29910
FOR SALE
Property Type:
Neighborhood Center
Amount:
Please Call Broker for Price

Last Verified:
May 29, 2024

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Description

SVN is pleased to offer The Bridge Collective in Bluffton’s Old Town. The Bridge Collective is a new construction income producing real estate investment that is 100% occupied and consists of (3) Mixed-Use Buildings offering 1st floor retail with a curated tenant mix and 2nd floor residential units with the opportunity and permits to offer STVR, if desired. Scheduled Income projected for a 12-month period ending August 2025 is $952,881.53, which creates a net operating income of $719,268.64 after deducting operating expenses.

The historic Town of Bluffton has dramatically changed in recent years and its land mass and population have skyrocketed. Since 1998, Bluffton has exploded from about 750 residents in an area of one-square mile (i.e., the Historic District) to an area of fifty-four square miles due to multiple annexations and more than 40,649 residents. Its famous Historic District is comprised of numerous historic buildings, homes, sites and landmarks. Town leaders know that its uniqueness is what separates it from other municipalities and continually invest in the Old Town. Currently, Bluffton is the fastest growing municipality in South Carolina and is consistently winning honors, awards, and accolades for its high quality of life, low crime rate, progressive economic development initiatives and innovative urban planning. The Town also has high quality K- 12 schools which have attracted young professionals that work in Savannah and on the I-95 corridor. Palmetto Bluff, an internationally renowned waterfront community, is in The Town and there are over fifteen residential communities under development currently with a mixture of young professionals and retirees.


Year Built: 2023
Building Size: 22452sq ft
Lot Size: 0.9 acres


Documents

Flyer_BridgeCollective

Map of 54 Bridge Street, 69 & 71 Calhoun Street, 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.