Edisto Beach, SC 29438
- N/ABeds
- 2Full Baths
- N/AHalf Baths
- 6,000SqFt
- 2006Year Built
- 0.00Acres
- MLS# 24008191
- Residential
- Single Family Detached
- Sold
- Approx Time on Market26 days
- AreaCln - Edisto Beach
- CountyColleton
- SubdivisionWyndham Ocean Ridge
Overview
INVESTMENT OPPORTUNITY!! Seller will Leaseback & continue to operate Edisto's highly successful & only Fine Dining Restaurant (approx. 190 seats).Lease Terms Proposed: -$10,000 per month rent Tenant to also pay:- property taxes, -all insurance, -HOA Fee ($893/yr), -CAM Fee ($2367/mo), -All interior maintenance, -2% Annual Rent increase, -5yr Lease w/three 5yr extension options- ''Triple Net Lease!''-Includes all built-in Kitchen EquipmentIdeally located inside Wyndham Ocean Ridge Resort near Golf Pro Shop & 1st Tee Box. Suitable for 1031 Like-kind exchange. OUTSTANDING RETURN ON INVESTMENT - DON'T MISS OUT !!
Sale Info
Listing Date: 04-02-2024
Sold Date: 04-29-2024
Aprox Days on Market:
26 day(s)
Listing Sold:
4 day(s) ago
Original Asking Price: $1,500,000
Asking Price: $1,500,000
Selling Price: $850,000
Price Difference From Original:
Reduced By $650,000
Price Difference From Asking:
Reduced By $650,000
Agriculture / Farm
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Association Fees / Info
Community Features: Gated, Golf Course, Tennis Court(s), Trash
Bathroom Info
Fullbaths: 2
Building Info
Levels: One
Window Features: Thermal Windows/Doors, Window Treatments
Year Built: 2006
Floors: Ceramic Tile, Wood
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Misc Ext: Porch - Full Front
Exterior Features: Lighting, Stoop
Pool Private: No
Style: Traditional
Garage / Parking
Gar Pkg: Detached, Off Street, Other (Use Remarks)
Garage: No
Attached Garage: No
Green / Env Info
Interior Features
Interior Features: High Ceilings, Ceiling Fan(s)
Fireplace: No
Lot Info
Lot Desc: High, On Golf Course
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: Yes
Offer Compensation
Other
Security Features: Fire Sprinkler System
Mobile Home Remains: Yes
Property Info
Property Type: A
Stories: 1
Foundation: Crawl Space
Exterior: Cement Plank, Wood Siding
New Construction: No
Roof: Architectural
Property Subtype: None
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Room Info
Sale / Lease Info
Sold Date: 2024-04-29T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Special Features
Sqft Info
Sqft: 6000
Unit Info
Utilities / Hvac
Water Source: Public
Utilities: Dominion Energy
Heating: Yes
Heat: Electric, Forced Air
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Hwy 174 To Palmetto Blvd. To Lybrand St. To Docksite Rd. To Wyndham Ocean Ridge Entrance.Courtesy of listing office Carolina One Real Estate - 843-779-8660
Featured Lender
WHERE DREAMS ARE DEFINED.
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MLS# 23020325 
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