21 New Orleans Rd - Office CONDO FOR SALE


Hilton Head Island, SC 29928
$755,000 USD
843-338-1799
21 New Orleans Rd, Hilton Head Island, SC for Sale
$755,000 USD
Office CONDO - FOR SALE
1/14
null | Request Cap Rate

21 New Orleans Rd
Hilton Head Island, SC 29928


HIGHLIGHTS

  • Great South End Location
  • Flexible Layout - Could be Separated into Two Units
  • Upside Potential In Rent
  • Onsite Parking & Monument Signage
  • Great for Investor or Owner / User

OVERVIEW

4,419 sf office condominium available for sale on the south end of Hilton Head. The space is comprised of two combined units that have been leased to a vacation rental company for many years, with a below market rent and a lease expiration of 12/31/25. The tenant has interest in remaining. Currently configured with a reception and waiting area, numerous private offices and conferencing spaces, five restrooms, a breakroom, and a lot of storage, including an unconditioned second floor that has considerable storage capacity. The units could be separated into two spaces. Ideal for investor looking for an income producing property, with upside potential in rent, or owner user looking for office space in a great south end location with shopping and dining within walking distance. Onsite parking and monument signage. Located on New Orleans Rd., on the bustling south end of Hilton Head Island. New Orleans Rd. is a secondary artery that intersects with the Parkway in two locations and Pope Avenue. It is near the busy Sea Pines circle and in close proximity to the Cross Island Connector and USCB Hilton Head campus. Surrounded by commercial and residential developments, including Shipyard, Sea Pines, Long Cove and Wexford Plantation, with great exposure to high vehicle and bike traffic. This is an ideal location to capture business from local residents, while being perfectly situated to benefit from the 2.5 million visitors playing and staying on the south end of the island each year.

FOR SALE DETAILS

PRICE

$755,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

4,419 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LC

APN/PARCEL ID

R552-015-00C-0093-000C,R552-015-00C-0093-000D

ASK ABOUT THIS PROPERTY

Vonnie MajewskiVM | Real EstateMore Info
843-338-1799

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Vonnie MajewskiVM | Real EstateMore Info
843-338-1799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.