Summerville, SC 29483
- N/ATotal SqFt Avail
- $55.00Annual PSF
- N/AMonthly
- RetailUse
- N/AZoning
- 2,100Total SqFt
- MLS# 31006565
- Commercial Lease
- Retail
- Active
- Approx Time on Market8 days
- AreaSummerville/ridgeville
- CountyDorchester
- Subdivision N/A
Overview
Extremely rare free-standing building in the heart of Historic DT Summerville with a beautiful and very large outdoor area (.31 acres; very large by Historic DT Summerville standards) perfect for a restaurant. The subject property is approximately 2,100 SF, all on a single story, and was previously used as a professional office and as a commissary kitchen. The structure was originally built in the late 1800s and sits in Summerville's BAR. Ample street parking available up and down S Cedar and directly in front of the subject property; approximately 65' of frontage with excellent visibility. Public (and free) parking garage is just a few hundred feet away on Short Central. D-MX (downtown mixed use) zoning does not require any additional off-street parking to be provided by tenant. D-MX is possibly the most generous zoning in the UDO, allowing for the widest variety of uses. Subject property sits across from the YMCA and is just feet from Bonaire Park at the corner of S Cedar and W Richardson; a first in class in fill development with residential and commercial components, currently slated for a phase 1 delivery at the end of 1st QTR 2026. Bonaire Park will be an extremely upscale mix of town homes, retail and hospitality. Summerville has experienced a population explosion, fueled by a family friendly environment, business friendly administration and phenomenal school district. The demographics are strong and quickly rising, with a plentiful number of existing residential rooftops. Subject property backs up to Hutchinson Square, the current pedestrian hub of Historic Summerville (which will shift towards S Cedar with the addition of Bonaire Park). Hutchinson Square is a beautifully renovated public green space that hosts a wide variety of events throughout the year, including Third Thursday, The Italian Festival, Flowertown Festival, Sweet Tea Festival, Tree Lighting Ceremony, Scarecrows on the Square, Oktoberfest and many other concerts, gatherings and public events. Subject property sits in an opportunity zone and a business/tenant operating as a Qualified Opportunity Zone Business (QOZB) may have tenant improvements owned by the tenant (and used in the business) qualify as Qualified Opportunity Zone Property (QOZP) for the tenant - tenant is solely responsible for consulting an attorney and confirming they're eligible for these benefits. Final lease rate and Tenant Improvement Allowance (TIA) will be dependent on tenant financials, lease term and other determining factors.
Building Info
Anchored: Yes
Financial
Low Price: $55
Sale Price Max Total: $60
Garage / Parking
Lot Info
County: Dorchester
Land Size: 0.00
Misc
Title: Optimal Restaurant Space w/ Beautiful Outdoor Area - Heart of Historic DT Summerville w/ Parking
Offer Compensation
Property Info
Zoning: Dorchester - D-MX - Downtown
Class Type: Retail
Second Property Subtype: Hospitality, Office, Retail
Property Type: B
Current Use: Bar/Tavern/Lounge, Clothing/Fashion, Commercial, Restaurant, Retail
Sqft Info
Sqft: 2100
Unit Info
Utilities / Hvac
Sewer: Public Sewer
Directions
Heading south from I-26 on N Main St towards Historic DT Summerville, take a right at the lighted intersection of S Main St and W Richardson (in front of Town Hall). Take a right at the next light (intersection a W Richardson and S Cedar), and subject property will be on the right across from the YMCA.Courtesy of listing office RE/MAX Southern Shores