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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9 Promenade St Bluffton, SC 29910

1,500 SF Built 2007
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Calhoun Street Tavern Restaurant
  • Buckwalter Commercial Construction Company General Contractor
  • Diver's Inn Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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