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Property profile & analytics
OFF-MARKET
Commercial real estate

1020 Savannah Hwy Charleston, SC 29407-7804

2,310 SF 0.15 ac lot Built 1965
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US77-1247794
Property summary
AI-generated overview

This exceptional West Ashley property at 1020 Savannah Hwy offers a unique blend of retail, office, and special-purpose space. The single-story, 2,484 square foot building, constructed in 1950 and extensively renovated in 2024, boasts a Class B rating. Currently, there are two suites available, with one 864 square foot unit immediately available and a second 1,620 square foot unit ready for occupancy by the end of 2024. The minimum divisible space is 864 square feet, with a maximum contiguous space of 1,620 square feet. This versatile property features updated HVAC and a new roof. The building enjoys high visibility with over 125 linear feet of road frontage on Savannah Highway, situated on a 0.38-acre lot in the heart of West Ashley, near Avondale. The property is ideal for a flex retail user seeking excellent visibility and convenient access. The landlord is offering negotiable delivery terms based on tenant credit and upfit requirements. The property consists of two separate tax map numbers and includes a total of 4,237 square feet of commercial space. Please schedule a showing in advance.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 2,310 SF
Lot 0.15 ac (6,534 SF)
APN 418-13-00-274
UPID US77-1247794
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
  • Mr Le Alterations (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
1020 1022 Savannah LLC · 2 yrs held
1020 1022 Savannah LLC
since 2024
1 recorded transaction
2024
$490,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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