809 N Magnolia Street, Summerville, SC 29483
$434,000
Property Type:
Commercial Sale
Square Footage:
1,700
Status:
Active Contingent
Current Price:
$434,000
List Date:
4/25/2025
Last Modified:
5/23/2025
Description
INVESTMENT OPPORTUNITY with MOTIVATED SELLER. $5,000 CONCESSION towards buyer closing costs at Closing. Zoned UC-MX, this property has minimal setbacks and restrictions and can be redeveloped as retail, offices, lodging or housing. It is located between N. Main Street and Berlin G. Meyers Parkway and is within walking distance to ALDI, Home Depot, Cook Out, Earthfare and so much more. Currently a residence, this single story brick ranch sits on a half acre lot and has a one car garage and carport. Beautiful wood floors, a large living room open to the dining area, and a huge flex space are just a few of the wonderful features in this charming home. Property is located in Flood Zone X. Home to be sold ''as is''.
More Information MLS# 31006062
Location
Street Number: 809
Street Direction Prefix: N
Street Name: Magnolia
Street Suffix: Street
County: Dorchester
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 63 - Summerville/Ridgeville
State or Province: SC
Postal Code: 29483
Parcel Number: 1301607002
Opportunity Zone: Yes
General Information
Status: Active Contingent
Property Sub Type: Office
Secondary Sub-Type: Retail
Tertiary Sub-Type: Multi Family
Listing Name: Urban Corridor Mixed Use Property in heart of Summerville
Is Condo?: No
Property Condition: Existing
Building Area Total: 1700
Lot Acres: 0.51
LEED Certified: No
Zoning: Dorchester - UC-MX - Urban Corridor Mixed-Use
Property Visibility: Fair
List Price/Acre: 850980.39
List Price/SqFt: 255.29
For Comp Purposes Only: No
Opt In to Crexi?: Yes
Contract Information
Listing Contract Date: 2025-04-18
List Price: $434,000
Original List Price: 450000
Tax Legal Description: Lot L&M
Current Price: $434,000
Building Related
Stories Total: 1
Year Built: 1959
Number Of Buildings: 1
Land Related
Part of Planned Development?: No
Frontage Length: 131
Lot Depth: 167
In Flood Plain?: No
Financials
Tax Assessed Value: 12538
Status Change Info
Status Change Date: 2025-05-21
Under Contract Date: 2025-05-16
Contingent: Active Contingent
Contingency Reason: Due Diligence
Auction Details
Auction: No
Area and Location
Airports: CHS 19 miles
Highway Access: 1.2 miles to I-26
Property Located Between: N. Main Street and Berlin G. Meyers Parkway
Property Features
Property Sub Type: Multi Family; Office; Retail
Current Use: Residential
Structure Type: House
Existing Lease Type: Other
Roof: Asphalt
Construction Materials: Brick Veneer
Parking Type: Surface
Heating: Central
Cooling: Central Air
Internet Access: Cable
Road Frontage Type: City Street
Road Surface Type: Asphalt
Water Source: Public
Sewer: Septic Tank
Documents
Floor Plan ›Listing Office: Mac Company, LLC
Last Updated: May - 23 - 2025
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