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Shem Creek Place 506 Live Oak Dr

1,788 SF Retail Building Mount Pleasant, SC 29464 $1,396,800 ($781/SF)

Investment Highlights

  • Versatile property with a multitude of uses.

Executive Summary

This unique property is within walking distance to Shem Creek - is home to many seafood restaurants, bars, waterfront pedestrian dock, boating and kayaking. This is a great neighborhood surrounded by well-known restaurants, retail shops, professional offices and residential. Discover this unique property featuring a 1,788 square foot, one-story brick veneer home, built in 1960, surrounded by
charming gardens and seating areas. This versatile property, known as "Shem Creek Place," has been utilized as both a residence and a very successful three-unit short-term rental. The owner resides in the westernmost section of the building. Key features of the property include: - Wood frame construction, new asphalt shingled roof, corner location complete with commercial signage. Zoning is AB Area Wide Business District & Village Scale Pedestrian Overlay District, which allows mixed use with office or retail on the ground floor with residential above, or
as residential living with income potential through short-term rentals - call Broker for details. Don't miss out on this flexible development potential.

Attachments

Latest Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,788 SF
Building Class
C
Year Built
1960
Price
$1,396,800
Price Per SF
$781
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.27 AC
Zoning
AB - Area Wide Business
Parking
5 Spaces (2.8 Spaces per 1,000 SF Leased)
Frontage
70 FT on Live Oak Dr

Amenities

  • Bus Line
  • Signage
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

United Community Bank
Bank of America
Fifth Third Bank
Starbucks
Gold's Gym
REV Federal Credit Union
The Flying Biscuit Cafe
First National Bank
Ameris Bank
Taziki's Mediterranean Cafe
  • Listing ID: 33040536

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 506 Live Oak Dr, Mount Pleasant, SC 29464

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