942 Savannah Hwy Charleston, SC 29407
- Commercial real estate
- 1,260 SF
- 0.13 lot acres
Current Use by Public Records
- Arcanna Dispensary - THC, CBD, Hemp / Cannabis Store / Vaporizer Store
- Vo Don Custom Framing / Picture Frame Shop
Property Details for 942 Savannah Hwy
- Year built
- 1954
- Lot size
- 0.13 lot acres
- Property size
- 1,260 SF
- Property type
- Commercial real estate
- APN
- 418-13-00-192
- APU
- 4181300192
Description
This 1,260 square foot storefront, located at 942 Savannah Hwy in Charleston, SC 29407, presents a compelling investment opportunity. Currently classified as a Class B property, built in 1954, it sits on a 0.14-acre lot and boasts a highly visible corner location along Savannah Highway, a corridor with 36,600 vehicles per day. The property's GB zoning allows for redevelopment, making it ideal for investors seeking to capitalize on the strong retail synergy in the Avondale neighborhood, just 2.5 miles from downtown Charleston. The existing building, easily adaptable for retail or office use, is currently occupied by a short-term tenant with a lease expiring November 30, 2023. The asking price is $825,000, translating to $654.76 per square foot. The property's single-story structure offers significant potential for expansion or assemblage with adjacent properties to increase the redevelopment footprint. This is a rare chance to acquire a strategically located asset in a thriving Charleston neighborhood. The property features existing signage and excellent visibility, ensuring strong brand recognition for future tenants. The parcel's APN is 4181300192.
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
- Charleston
- County
- Charleston
- State
- South Carolina
- Longitude
- -79.9923
- Latitude
- 32.7834
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
