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Property profile & analytics
FOR SALE
Retail space

609 Carteret St Beaufort, SC 29902

1,032 SF 2 ac lot Built 1875
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US77-2721970
Property summary
AI-generated overview

This exceptional commercial property, located at 609 Carteret Street Unit 609 in Beaufort, South Carolina, presents a unique investment opportunity. Situated in the heart of Downtown Beaufort's retail overlay zone, this recently renovated, two-story building enjoys a prime location with high visibility and significant foot traffic. SCDOT data indicates a daily traffic count of 13,500 vehicles. Currently generating income from two established tenants—a women's boutique and a real estate company—the property offers immediate return on investment. The ground floor boasts spacious rooms easily adaptable to various configurations, including the potential for subdivision to accommodate multiple businesses. Two ADA-compliant half baths and space for a small kitchen are included on this level. Upstairs, a full bathroom adds versatility, making it suitable for a live/work arrangement or additional office space. Adding to its appeal, a separate 0.09-acre lot behind the building provides convenient access and parking, and offers independent development potential. The entire property is zoned T4-N, allowing for a range of uses. This property is an excellent choice for investors seeking a blend of immediate income and future development possibilities in a thriving downtown location. The 0.17-acre lot size includes both the building and the adjacent vacant lot.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1875
Total area 1,032 SF
Lot 2 ac (87,120 SF)
Zoning code 6511
APN R120 004 000 0634 0000
UPID US77-2721970
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
  • Toddle Town High School Daycare Center
  • Rooted Clothing Company Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
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by Request
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Blend (final) Blend
by Request
Owner & transaction history
609 Carteret St LLC · 1 yrs held
609 Carteret St LLC
since 2024
Last sale
$340,000
4 recorded transactions
2024
Price N/A
2023
$340,000
2004
$290,000
2004
Price N/A
Zoning & alternative use
6511 · Beaufort, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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