Property profile

9 Promenade St Bluffton, SC 29910

OFF-MARKET
Retail properties & Spaces
1,500 SF Built 2007
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2007
Total area 1,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Construction Company General Contractor
  • Hotel & Motel Resort

Location

9 Promenade St Bluffton, SC 29910
Bluffton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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