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Property profile & analytics
OFF-MARKET Estimated value $1,165,000
Retail space

140 Richardson Ave Summerville, SC 29483-6086

6,675 SF 0.26 ac lot Built 1969
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US77-0803691
Property summary
AI-generated overview

This stunning, fully renovated (2018) Class A executive office building in downtown Summerville offers 5,280 square feet across seven suites within a single, two-story structure. Built in 1980 and boasting original hardwood floors, eleven-foot ceilings, and abundant natural light from multiple large windows in each suite, this property provides a unique blend of historic character and modern functionality. The available space totals 168 square feet, spread across two suites, perfect for small businesses or entrepreneurs seeking a prestigious address. Amenities include shared common area restrooms, a convenient kitchenette, and inviting outdoor spaces such as a courtyard and porch. The building is located at 140 W Richardson Ave, near S Cedar Street, in Dorchester County (APN: 137-07-05-001.000). While there are no elevators, the building's two-story design offers easy accessibility. This is an exceptional opportunity to lease in a highly desirable downtown location with updated interiors and attractive shared spaces. The property is currently tenanted with multiple occupants.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Construction FRAME
Total area 6,675 SF
Lot 0.26 ac (11,191 SF)
Zoning code DMX_SV
APN 137-07-05-001
UPID US77-0803691
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
  • Summerville Jewelry Repair (Bike/Boat/Book/etc) Store
  • Mitchell Farley Attorney at Law Law Firm
  • Refurbishing Down on Indigo - INSIDE OF KATIE MAES. Furniture & Home Goods Home Decor Store
  • Marlene Glaser Massage Alternative Medicine Practice Spa & Massage Center
  • The Forgiveness Connection, LLC Counselor Social Worker
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.02M
CAP Approach CAP
$1.60M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.17M
Owner & transaction history
140 West Richardson LLC · 5 yrs held
140 West Richardson LLC
since 2020
Last sale
$1.2M
7 recorded transactions
2026
Price N/A
2020
Price N/A
2020
$1.2M
2018
Price N/A
2018
Price N/A
2008
Price N/A
2006
$765,000
Zoning & alternative use
DMX_SV · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.9M +21.4%
Office building $1.8M +13.8%
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