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Property profile & analytics
OFF-MARKET
Office Units

318 Magnolia St Summerville, SC 29483

2,448 SF
Property ID
US77-2759296
Property summary
AI-generated overview

This unique 2,448 sq ft mixed-use property, located at 318 N Magnolia St in Summerville, SC, presents a compelling investment opportunity. Built in 1883, this building seamlessly blends historic character with modern conveniences. The front section, ideal for commercial use, boasts a grand 30-foot hallway with heart pine floors, multiple rooms suitable for offices or meeting spaces, original fireplaces with gas logs, large windows, stained glass chandeliers, and custom cabinetry. The rear section, accessed via a French door, offers a residential space complete with a high-end kitchen, a family room featuring Brazilian Cherry floors, and a sizable 400 sq ft patio shaded by a stately oak tree. Zoned for both commercial and residential use, this property offers flexibility for a variety of applications, including a live-work arrangement, a boutique office, or even a complete conversion to residential. Ample parking and a central Summerville location ensure high visibility and accessibility. Currently 100% occupied, this property is listed at $1,395,000 ($569.85/sq ft). This is a chance to own a piece of Summerville history while enjoying modern amenities.

Property profile
Verified
Property type Office Units
Total area 2,448 SF
UPID US77-2759296
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
  • Elmo Ilderton, LLC Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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