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West Ashley +/- 4.26 Acre Site For Sale 1660 Ingram Rd

26,777 SF 100% Leased Office Building Charleston, SC 29407 $6,500,000 ($243/SF)

Investment Highlights

  • Excellent Charleston Area Location

Executive Summary

1660 & 1662 Ingram Road consists of approximately 4.26 acres of land developed with two buildings totaling +/- 26,777 square feet (sf) in the City of Charleston. It is an ideal property for redevelopment allowing for short-term lease opportunities during due diligence and permitting. Located in the heart of the West Ashley submarket this property offers a highly desirable location for commercial, residential or mixed-use redevelopment. It is ideally situated close to downtown Charleston, providing easy access to historic sites, shopping, dining, and entertainment options. This address is also conveniently located near schools, parks, and major roadways, providing easy access to all parts of the greater Charleston Area. There are approximately 26,200 vehicles per day (vpd) that pass this property location near the intersection Sam Rittenberg Boulevard and Old Towne Road. Sam Rittenberg Boulevards traffic count is 46,800 (vpd). The property is surrounded by very prominent, established neighborhoods including Charlestowne Estates, Charlestowne Estates II, Charlestowne Estates III, Northbridge Terrace, and Sandhurst. The new Ashley Landing Plaza-Sumar Street redevelopment project is across Old Towne Road and proposed to include 325 apartment units, 100 townhomes, and over six acres of green space. This is a great opportunity to participate in the transition of the West Ashley Gateway.

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
26,777 SF
Building Class
C
Year Built
1965
Price
$6,500,000
Price Per SF
$243
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
26,777 SF
Building FAR
0.14
Lot Size
4.26 AC
Zoning
General Business - General Business in the City of Charleston

Amenities

  • Kitchen
  • Storage Space
  • High Ceilings
  • Natural Light
  • Air Conditioning
  • Listing ID: 33191227

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 1660 Ingram Rd, Charleston, SC 29407

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