Listing Details

108 W Cooper Folly Beach, SC 29439 2688sq.ft. 4

$1,750,000

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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.