Land -Retail in Summerville

price

$3,500,000|Listed: May 19, 2026

MLS#545685199

location

2063 N Main St, Summerville, Berkeley County, South Carolina

Status:Active

Property Type

  • Commercial Acreage

Acreage

0 acres

County

Berkeley

Format

Sale

Description

This is a rare opportunity to acquire a high-potential commercial development positioned for strong long-term income and

value growth. Based on projected rental rates of approximately $35.00 per square foot, the proposed 24,650 SF development

has the potential to generate an estimated annual gross income of approximately $862,750. At a projected 7% capitalization

rate, the property could support an estimated stabilized valuation of approximately $12.3 million.

Even more compelling, the property is being offered with permits already in place, significantly reducing development

timeline and risk. Extensive due diligence materials — including wetland studies, soil reports, groundwater analysis, and site

evaluations — have already been completed and are available upon request, providing investors and developers with a

valuable head start toward bringing this project to life.

Listing Agent

img

Jing Donovan

company

Coldwell Banker Commercial Atlantic

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