Restaurant and Retail
For Sale
$1,400,000
2149 Boundary Street, Beaufort, SC 29902
A nearly one-acre site offers restaurant and retail space with substantial on-site parking.
Property Size5,154 SF
Price / SF$271.63
Days on Market14
Property Features for 2149 Boundary Street
General Information
Standard status
Active
Size
5,154 SF
Property subtype
Commercial
Site & Location
Traffic Count
40,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
1980
Buildings
1
Stories
1
Listing Agency:
DUFFUS REALTY INC.
Listed By:
Liles Stott · License #87052OFFICEC1844
(252) 756-5395
Source:
Duffusrealty
Added: Oct 14
Changed: Oct 26
Last Checked: Oct 26 at 3:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DUFFUS REALTY INC.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property includes a 5,154-square-foot building configured for restaurant and retail use, built in 1980. The site encompasses almost an acre and has ample parking for visitors and staff.
The property fronts Hwy 21, where traffic is reported at 40,000 vehicles per day. Hotels, quick-service restaurants, and gas stations are among the surrounding businesses. The nearby residential area has more than 50,000 residents, with new apartment development and major retailers also cited in the corridor.
The property fronts Hwy 21, where traffic is reported at 40,000 vehicles per day. Hotels, quick-service restaurants, and gas stations are among the surrounding businesses. The nearby residential area has more than 50,000 residents, with new apartment development and major retailers also cited in the corridor.
Key Highlights
- 5,154‑square‑foot restaurant and retail building
- Almost an acre of land
- 40,000 VPD on Hwy 21
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,432
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,788,640
$1.8M
Cap Rate 7%
$1,277,600
$1.3M
Cap Rate 9%
$993,689
$993.7K
Market Conditions
NOI Build-Up for 5,154 SF
Gross rent
$123.7K $24.00/SF
− Vacancy
−$4.5K −$0.86/SF
EGI
$119.2K $23.14/SF
− OpEx
−$29.8K −$5.78/SF
NOI
$89.4K $17.35/SF
Area
Beaufort County, SC
Vacancy
3.60%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,788,640
Cap Rate 7%
$1,277,600
Cap Rate 9%
$993,689
Alternative Uses
Best Use
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,432 @ 7.0% cap · market cap 6.39%
Second Best
Retail
$1.16M
$1.02M – $1.36M
NOI $81,392 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.56M
$1.36M – $1.81M
NOI $108,852 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
40,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Groceries 18%
Shops & Services 15%
Hotels & Casinos 13%
Starbucks
Dining
22,188 visits/mo
0.4 miles
Food Lion Grocery Store
Groceries
16,791 visits/mo
0.3 miles
Outback Steakhouse
Dining
11,625 visits/mo
0.2 miles
Waffle House
Dining
5,777 visits/mo
0.5 miles
Bank of America
Shops & Services
5,632 visits/mo
0.2 miles
Demographics for 29902, SC
16,692
Population
7,131
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
922
Density / Sq Mi
$72,564
Median Household Income
$36,468
Median Earnings
$1,157
Median Rent
$306,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A nearly one-acre site offers restaurant and retail space with substantial on-site parking.
Where is this mixed-use property located?
The property is located at 2149 Boundary Street Beaufort, SC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 5,154‑square‑foot restaurant and retail building; Almost an acre of land; 40,000 VPD on Hwy 21
