916 Bay St Beaufort, SC 29902

Property Details for 916 Bay St

Year built

1978

Lot size

0.14 lot acres

Property size

10,782 SF

Zone code

6611

Property type

Banks

APN

R120 004 000 0919 0000

APU

R12000400009190000

Description

This exceptional multifamily property at 916 Bay Street in Beaufort, South Carolina, presents a unique redevelopment opportunity. Situated on a 0.15-acre lot, this prime location offers unparalleled access to the vibrant downtown area, boasting boutique shopping, exquisite dining, and rich historical charm. The property's proximity to Waterfront Park provides residents with stunning open spaces without the burden of maintenance. Boating enthusiasts will appreciate the marina, conveniently located just 400 feet away. A playground is also within easy reach, approximately 560 feet southeast of the property. The existing structure boasts a robust foundation, minimizing permitting challenges for future development. The building features durable 2'x3' steel-reinforced concrete walls and a sturdy roof, significantly reducing the cost and complexity of any necessary modifications. Two vertical chases, extending from ground level to the rooftop, along with horizontal chases on each floor, simplify the integration of new mechanical, electrical, and plumbing systems. An elevator in excellent condition ensures convenient access to all floors. Covered parking, secured by a gate, enhances the property's appeal and provides added security for residents. Priced at $7,750,000, this property represents a compelling investment opportunity in a highly desirable location. The combination of its strong structural integrity, prime location, and redevelopment potential makes this a truly exceptional offering.

Location Insight

City

Beaufort

County

Beaufort

State

South Carolina

Longitude

-80.6722

Latitude

32.4307

CBSA code

25940

CBSA name

HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments