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206 W Arctic Ave

Folly Beach, SC 29439
  • $1,795,000
  • STATUS: Active
  • ON SITE: 132 Days
  • MLS #: 30794412
UPDATED: 18 min ago
$1,795,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

Excellent opportunity to develop a vacant lot across from the BEACH. Potential uses include a 9-room INN with grocery underneath (attached view & site plan) OR 2 residences to provide cash flow from vacationers (attached survey). Tons of foot traffic and sidewalks to the property that any retail business will appreciate. Currently zoned Island Commercial. Folly City Council is considering a zoning change to 2-family residential. Ask for an estimate of cash flow potential for EITHER use. Check land comps in the area.

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www.searchcharleston.com/homes/127264509
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206 W Arctic Ave Folly Beach, SC 29439

  • Price: $1,795,000
  • Status: Active
  • On Site: 132 Days
  • Updated: 18 min ago
  • MLS #: 30794412
0
Beds
0
Baths
0
½ Baths
0.24
Acres
Neighborhood:
Folly Beach and Outer James Island
County:
Charleston
Area:
Folly Beach and Outer James Island
Property Description
Excellent opportunity to develop a vacant lot across from the BEACH. Potential uses include a 9-room INN with grocery underneath (attached view & site plan) OR 2 residences to provide cash flow from vacationers (attached survey). Tons of foot traffic and sidewalks to the property that any retail business will appreciate. Currently zoned Island Commercial. Folly City Council is considering a zoning change to 2-family residential. Ask for an estimate of cash flow potential for EITHER use. Check land comps in the area.
Exterior Features

Land Size Min 0.240 Land Size Units Acre

Property Features

Property Status Existing Property Sub Type HospitalityMulti-FamilyOfficeResidential (Single Family)RetailVacation/Resort Property Type Vacant Land Sale Price Min 1795000.00 Sale Terms Cash To Seller Title Investment/Development Opportunity On Folly Beach Zoning Other

Listing courtesy of Dunes Commercial Properties.
 
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Keller Williams Realty Charleston West Ashley
1180 Sam Rittenberg Blvd., Suite 300
Charleston SC, 29407