Property profile

828 Bay St Beaufort, SC 29902

OFF-MARKET
Retail space
Property ID
US77-0213375
3,496 SF 0.1 ac lot Built 1998
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 828 Bay Street Unit 828 in the heart of historic Beaufort, South Carolina, presents a unique investment opportunity. Situated on a 0.1-acre lot, this highly visible building is a prominent landmark, benefiting from significant foot traffic due to its location adjacent to the waterfront park. Almost every visitor to the park passes this location, ensuring maximum exposure for any business. The building itself boasts solid concrete and brick construction, signifying durability and longevity. Large display windows maximize natural light and provide excellent visibility for showcasing products or services. Currently, a high-quality, long-term tenant occupies the space, providing a stable income stream. It is important to note that the existing lease agreement must be honored by any prospective buyer. This property offers a blend of historical charm and modern commercial viability, making it an ideal investment for discerning buyers seeking a strong return in a thriving downtown location. The building's prime location and established tenancy make it a compelling investment opportunity in the desirable Beaufort, SC market. The solid construction ensures a low-maintenance investment, while the high visibility guarantees strong potential for future growth and profitability. This is a rare chance to acquire a piece of Beaufort's rich history and vibrant commercial landscape. The property's strategic location and existing lease provide immediate income and long-term growth potential.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Total area 3,496 SF
Lot 0.1 ac (4,356 SF)
Zoning code 6611
APN R120 004 000 0930 0000
UPID US77-0213375

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Beach Clothing Store Clothing Store
  • (Bike/Boat/Book/etc) Store

Location

828 Bay St Beaufort, SC 29902-5566
Beaufort metro Census 700 HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$864k
Blend (final) Blend
$1.11M

Owner & transaction history

since 2025
Last sale
$1.4M
6 recorded transactions
2025
$1.4M
2019
Price N/A
2018
Price N/A
2018
$880,000
2018
$880,000
2011
$610,000

Zoning & alternative use

6611 · Beaufort, SC
Top alternative use upside
Auto repair, garage $1.2M +103.8%
Office building $870,000 +48.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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