9 Promenade St Bluffton, SC 29910
- Retail properties
- 1,500 SF
Current Use by Public Records
- Calhoun Street Tavern / American Restaurant / Bar
- Buckwalter Commercial / Real Estate Developer
- Diver's Inn / Villa
Property Details for 9 Promenade St
- Year built
- 2007
- Property size
- 1,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents two Class A commercial condos totaling 1,500 square feet, located at 9 Promenade Street in Bluffton, South Carolina's historic Old Town. Currently operating as a restaurant, this property offers a 6.75% cap rate and is situated in a high-foot-traffic area, promising strong rental income. Built in 2007, the single-story building features two units (Suite A & B), each with a separate tax ID (Suite A: R614-039-00A-00 18-0037, Suite B: R614-039-00A-0018-0038). The property is offered as a net lease (NNN) with a single tenancy. The asking price is $1,149,000. While the adjacent patio is currently used by the tenant, it is leased separately and does not convey with the sale. Detailed financial information, lease terms, site plans, and floor plans are available upon request. This is a rare chance to acquire a thriving commercial property in one of the Lowcountry's most desirable locations. Don't miss this chance to own a piece of Bluffton's vibrant culinary scene.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bluffton
- County
- Beaufort
- State
- South Carolina
- Longitude
- -80.8619
- Latitude
- 32.2383
