This Commercial kitchen, currently used as a food truck tie off with several paying tenants is an Excellent turn key investment ready to go. Tenants have expressed interest in staying on after the sale which would make this property an instant income producer. Location can also be used for a catering business or small restaurant. The hood, gas range and dishwasher convey with the property. Tons of room for parking or storage for food truck/trailers. Property produces an 8% cap rate at current price. There is room to improve that number by increasing the tenant capacity of the building.Located on James Island on almost a half-acre of land with quick access to downtown, Folly Beach and I-26.
Listing Date: 01-30-2023
Sold Date: 12-01-2021
Listing Sold: 
2 Year(s), 4 month(s), 28 day(s) ago
Asking Price: $400,000
Selling Price: $400,000
Price Difference:
Same as list price
Anchored: No
Year Built: 1985
Asking Price Type: Fixed Price
County: Charleston
Lot Acres Min: 0.320
Land Size: 0.32
Title: 1969 Central Park Rd Charleston, SC 29412
Second Property Subtype: Retail
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $400,000
Build To Suit: No
Property Use Type: Bar/Tavern/Lounge, Business, Hospitality, Industrial, Investment, Mixed Use, Multi-Family, Other, Restaurant, Retail
Class Type: Retail
Sold Date: 2021-12-01T00:00:00
Rentable Area: 1630
Courtesy of listing office NAI Charleston, LLC