35 Bill Fries Dr Bldg A Hilton Head Island, SC 29926-2731
This exceptional 3,100 square foot medical office condo, situated at 35 Bill Fries Dr, Hilton Head Island, SC 29926, presents a unique owner-user investment opportunity. Located in the Island Medical Plaza - Building C, this Class C property boasts a convenient location near Hilton Head Hospital. Originally built in 1984 and renovated in 2017, the building features two stories and comprises a single unit within a single building. The property is currently owner-occupied, with the owner relocating, making this a seamless transition for a new healthcare professional. The approximately 2,000 square feet of ground floor space offers ample room for operations. The zoning is designated as Professional, ensuring suitability for various medical practices. The asking price is $626,900, translating to $202.23 per square foot. The net rentable area is 3,100 square feet. While the current occupant is the owner, single-occupancy approval by the association is required, and the occupancy must be healthcare-related. Seller financing is a possibility. The property is offered for sale by owner and is held under an LLC. The anticipated occupancy date for a new owner is January 1, 2025. Please review the original floor plan (available in the provided documents) as modifications have been made to the layout. This is a well-maintained property representing a strong investment in a desirable location.
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Hilton Head Oral/Maxillofacial: Fader Lynn B DDS Dental Office
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Island Medical Plaza Medical Clinic
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Ocean Dental Dental Office
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Dr. Robert S. Jones Sr, DMD Dental Office
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Charlie Frangos Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6615 · Hilton Head Island, SCCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.