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5639 Pullman Ave

5,484 SF 100% Leased Industrial Building North Charleston, SC 29406 $1,150,000 ($210/SF) 1% Cap Rate

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Executive Summary

Super Investment Opportunity! Assemblage of 6 parcels totaling 1.58 acres zoned B-2 plus a 3080 sf 4 bay shop, and 3 -rental homes centrally located on Pullman Ave off of busy Remount Road near the proposed Lowcountry Rapid Transit Line and the Rivers Ave. Corridor. The shop is 110'x28' and is currently used as a cabinet building shop with 3 phase power and natural gas ran to it. Main house is a 3 bedroom 1 bath 1300 sf one story and is occupied by the owner. There is a 600 sf 2 bedroom 1 bath one story rental home and a 504 sf 2 bedroom 1 bath rental garage apartment. Nice quiet street with multiple large oak trees and open vacant land for parking, storage or future buildings. Must have an appointment with listing agents to view buildings and please don't speak to the owner, tenants or employees Tax Map ID# 473-14-00-235, 473-14-00-234, 473-14-00-005, 473-14-00-006, 473-14-00-010, and 473-14-00-011 all sold together

B-2 ZONING USES

Property Facts

Price	$1,150,000	Building Class	C
Price Per SF	$210	Lot Size	1.58 AC
Sale Type	Investment	Rentable Building Area	5,484 SF
Cap Rate	1%	No. Stories	1
Sale Conditions	Bulk/Portfolio Sale	Year Built	1942
Property Type	Industrial	Parking Ratio	2.74/1,000 SF
Property Subtype	Warehouse Industrial Manufacturing FlexLight Distribution Office Office Live Work Unit	No. Drive In / Grade-Level Doors	4

Price	$1,150,000
Price Per SF	$210
Sale Type	Investment
Cap Rate	1%
Sale Conditions	Bulk/Portfolio Sale
Property Type	Industrial
Property Subtype	Warehouse Industrial Manufacturing FlexLight Distribution Office Office Live Work Unit
Building Class	C
Lot Size	1.58 AC
Rentable Building Area	5,484 SF
No. Stories	1
Year Built	1942
Parking Ratio	2.74/1,000 SF
No. Drive In / Grade-Level Doors	4

Amenities

Bus Line

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 473-14-00-234 473-14-00-235 473-14-00-010 473-14-00-006 473-14-00-005 473-14-00-011	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$26,020