W 5th N St & N Laurel St - Commercial LAND FOR SALE


Summerville, SC 29483 32,234 SF
$575,000 USD
602-625-3104
W 5th N St & N Laurel St, Summerville, SC for Sale
$575,000 USD
Commercial LAND - FOR SALE
1/7
32,234 SF

W 5th N St & N Laurel St
Summerville, SC 29483


HIGHLIGHTS

  • Shovel Ready Site
  • Downtown Summerville New Development
  • Flexible, Customizable Layout

OVERVIEW

This Commercial Pad Site in the heart of Downtown Summerville comes with developed pads with conceptual building plan approvals, saving the Buyer a significant amount of time. This is a shovel ready project located in an Opportunity Zone with potential great tax benefits to the Developer. Summerville's newest approved commercial development project is located at West 5th North St (78) & North Laurel Street. The current plans offer two variations, one building (9,373 SF total) or two buildings with a courtyard (4,225 SF per building). This is a rare opportunity to create customized office or retail space in close proximity to Downtown Historic Summerville. The speculative development includes floor plans that are divisible and customizable. As depicted in the renderings, the two-building plan allows for 4 bays at 2,010 SF each. The one-building plan allows for four bays: two at 2,188 SF each and an addition two end units at 2,295 SF each. This new development is situated along Highway 78, just past Main Street in Summerville. Businesses will benefit from 14,600 vehicles passing by per day and have the opportunity to display their business name on the approved monument fronting West 5th North St. The Daniels Orchard community immediately in the rear of the commercial space features 155 new single-family homes. There is an opportunity for a drive through component as well. The property is in the Town of Summerville's jurisdiction (Dorchester County) and allows for a wide variety of uses—see zoning notes. The speculative parking ratio is 6 per 1,000. There is an opportunity to purchase the twin adjoining lot, for a combined buildable SF of 17,376 SF. Inquire about BTS opportunity.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/ACRE

$777,037/AC

PRICE/SF

$18 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

W 5th N St & N Laurel St | Shovel Ready

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Multi-Family, Single Family Development

LAND ACRES

0.74 AC

LAND SF

32,234 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

PUD

APN/PARCEL ID

130-12-01-002

ASK ABOUT THIS PROPERTY

April CurciCarolina One Commercial Real EstateMore Info
602-625-3104

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April CurciCarolina One Commercial Real EstateMore Info
602-625-3104

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.