3 Regency Pkwy - Convenience Store FOR SALE


Hilton Head Island, SC 29928
$879,000 USD
843-338-1799
3 Regency Pkwy, Hilton Head Island, SC for Sale
$879,000 USD
Convenience Store - FOR SALE
1/1
null | Request Cap Rate

3 Regency Pkwy
Hilton Head Island, SC 29928


HIGHLIGHTS

  • 2,250 sf Retail Building on .44 Acres on Hilton Head Island
  • Restaurant Plans and Permit Included
  • Situated Directly on William Hilton Parkway (Highway 278)
  • Central Island Location - Easy Access Throughout the Market

OVERVIEW

2,250 square foot retail building on .44 acres fronting Highway 278. The property was operating as a gas station / convenience store from 1987 until 2020. The pumps and underground storage tanks were removed in 2020 and the property received a UST closure report. The property is zoned Light Commercial which allows for the majority of commercial uses. The property can accommodate a variety of retail uses including restaurant and the sale includes $130,000 of construction drawings for a restaurant concept that has already been permitted. Located on William Hilton Parkway (mid-island) between Shelter Cove and the Sea Pines traffic circle. The property is situated between Bullies BBQ and Stacks Pancakes restaurant adjacent to the Red Roof Inn. Surrounded by commercial developments and directly across from the South Island Square shopping center comprised of several popular shops and restaurants. Easily accessed from anywhere on the island and just minutes from the Cross Island Connector making it a short drive to Bluffton and beyond. Strong demographics, with a population of approximately 33,500 within a five mile radius, with average household incomes of approximately $145,530, and traffic counts in front of the property of approximately 38,000 vehicles per day.

FOR SALE DETAILS

PRICE

$879,000 USD

PRICE/SF

$391 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

LC

APN/PARCEL ID

R520-011-000-0155-0000

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.