506 Live Oak Dr Mount Pleasant, SC 29464
This exceptional 1,788 sq ft, mixed-use property in Mount Pleasant, SC, presents a unique investment opportunity. Located on a spacious 11,600 sq ft lot at 506 Live Oak Dr, this single-story, 1960-built brick veneer building underwent a complete renovation in 2021. Currently operating as a single-family residence and a three-unit short-term rental, it offers flexible use potential. The AB zoning allows for mixed-use development, including office or retail space on the ground floor with residential above, or continued use as residential with rental income. The property boasts solid wood frame construction with a gable roof and asphalt shingles, central heating and cooling, multiple entry and exit points, and ample natural light from double-hung and fixed windows. Its prime location near Shem Creek offers proximity to restaurants, shops, and waterfront amenities. Well-maintained and in above-average condition, this property is ideal for investors seeking a blend of residential living and rental income, or developers looking for a flexible redevelopment project. The property features a crawl space foundation. Don't miss this chance to acquire a versatile property in a thriving South Carolina location.
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Shem Creek Place Travel Agency Vacation Rental
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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