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MLS ID: 25010659
For Sale - $1,750,000

About this property

Bedrooms 4
sq2 2688
Lot Size 0.2300 acres
Year Built 1996
DOM 13

Address

Address:
108 Cooper Avenue
Zip Code:
29439
County:
Charleston
State:
SC

Features and Amenities

Cooling
Central Air
Heating
Electric, Heat Pump
Utilities
City of Folly Beach, Dominion Energy
Other
Asphalt, Central

Description

Property is zoned island commercial. It has a 4-plex building with great potential to make improvements and drastically increase the value of the property. For example, create an HOA with 4 condos, renovate the condos, and sell them individually with the potential of significant profits. Alternatively, demolish the existing structure and build 2 residential homes or a commercial building. The property is on a street to street lot with close proximity to Center Street. It is situated next to the City Hall/Fire Station complex. It has 4 separate electric meters and the tenants pay their own electric. The owner pays the water bill quarterly. Property is on 2 septic systems but public sewer is readily available.

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Mortgage Calculator

$
$
%
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Interest Rate as of: Wed, Apr. 30, 2025
$ 1,750,000Home Price
$ 9,136Monthly payment
$ 1,400,000Amount Financed
$ 109,635Annual cost of Loan
$ 3,289,061Total of 360 Payments

Map

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James Schiller

James Schiller

Realtor, Brand Name Real Estate
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108 Cooper Avenue, Folly Beach, SC, 29439
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