
Listed by AgentOwned Realty
$1,625,000
515 Folly Road
Details
APN 4240900087/4240900109
Property Type Land, Office
Sub Type Residential, Traditional Office
Square Footage 2,765
Cap Rate 3.50%
Occupancy 100%
Year Built 1959
Acreage 0.792
Zoning City of Charleston - RO - Residential Office
Parking Spaces 22 spaces
Parking Per SqFt 7.96
General Commercial
Marketing description
Unique opportunity to buy two (2) connecting properties located on James Island between Harbor View Road and James Island Express Way. TMS #424-09-00-087 is a very well established location on a 'Hard Corner' with excellent signage on Folly Road. Marque sign is currently approved for a Message Board (Buyer to verify). This commercial building consists of 2,765 square feet on .7 acres. This property could easily be broken into 3 suites. Currently with 22 parking spaces. Property is ideal for Re-development and is located across from Merchants Village Shopping Center. Office building is currently leased through 9/31/2026. Income Ledger will be made available when an offer is received.***Property available for long term lease at $10,500 per month Triple NetSeparate Residential listing in MLS #26004993 $850,000.00TMS #424-09-00-109 property consists of several buildings. A 1,715 square feet home with 3 bedrooms, 2 baths and partially renovated with Gourmet Kitchen. Two large storage buildings and a fenced yard. The second large building consists of a 800 square foot mother-in-law suite (apartment) over a three (3) car garage. Rental income from this property is currently $4,495.00 per month. By appointment only. Proof of funds required.
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Listed by AgentOwned Realty
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