140 Richardson Ave Summerville, SC 29483-6086
- Retail space
- 6,675 SF
- 0.26 lot acres
Current Use by 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
Property Details for 140 Richardson Ave
- Year built
- 1969
- Construction
- FRAME
- Lot size
- 0.26 lot acres
- Property size
- 6,675 SF
- Zone code
- DMX_SV
- Property type
- Retail space
- APN
- 137-07-05-001
- APU
- 1370705001
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $920,000
- ML approach
- $1,015,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,730,000
- 6.5%
- $1,595,000
- 7%
- $1,485,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,545,000 Current use
- MEDICAL BUILDING
- $1,875,000 Change: +21% Conversion: Difficult
- OFFICE BUILDING
- $1,760,000 Change: +14% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,465,000 Change: -5% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Summerville
- County
- Dorchester
- State
- South Carolina
- Longitude
- -80.1776
- Latitude
- 33.0194
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA