Summerville Lofts

120 Fred St, Summerville, SC 29483

  • For Sale $1,550,000
  • Property Type Multi-Family
  • Property Size 4,972 SF
  • Units 8
  • Lot Size 0.19 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1980
  • Year Renovated 2025
  • Date Updated Apr 29, 2025
Located in Downtown Summerville SCBirchin Lane Realty Advisors is pleased to present This Fully leased multifamily investment opportunity located in downtown summerville SC. comprised of 8 units, the building underwent a full interior renovation in 2024, featuring all new appliances, HVAC, fixtures, Duration paint, LVP flooring and new tankless water heaters. The low-maintenance brick building, with new systems in place, boasts quartz countertops and stainless steel appliances, offering modern appeal and convenience with 10 on site parking spaces. Situated in the high-demand Summerville area with 100% occupancy, this property presents a seamless, automated management system, with digital access locks on all doors, whole building and branding in place making it an attractive and rewarding investment within the rapidly growing Summerville SC market. Turn key investment opportunity with $156,000 in gross annual rent and low operating costs. Each unit has its own power meter, water is shared for the building. Sale is for the building and .19 Acres of land with frontage on Fred Street The vacant lot facing W 5th North Street is not part of this offering, but could also be purchased for an additional $120,000.00. This lot has preliminary site plan for 3 single family home lots., but could also accommodate town homes. The current N-MX zoning allows for residential and commercial uses.
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Highlights

  • - Full Interior Renovation completed in January 2025
  • - All New Appliances, HVAC, Fixtures , flooring, paint & Water Heaters
  • - Low Maintenance Brick Building with new systems
  • - Quartz Counter tops and SS Appliances
  • - High Demand Market- Full 8 unit lease up in under 45 days
  • - Easy Automated management system in place
  • - Rear lot fronting W 5th N Street also available for purchase

Contacts

broker
Richard Callari

Birchin Lane Realty Advisors

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Summerville, SC
  • Zip Code 29483
  • Market Charleston

Points of Interest

  • Marathon

    0.84 miles

  • Circle K

    1.09 miles

  • BJ’s Gas

    1.42 miles

  • Speedway

    1.76 miles

  • Harris Teeter Fuel Center

    2.36 miles

  • Hot Spot

    3.87 miles

  • Exxon

    4.05 miles

  • Walmart

    4.18 miles

  • Spinx

    4.22 miles

  • Summerville Parking Garage

    0.87 miles

  • Strip Mall Parking Lot

    6.17 miles

  • Zone 9

    6.26 miles

  • Wal-Mart Parking Lot

    6.29 miles

  • Rite Aid Parking Lot

    6.43 miles

  • Recreational Vehicle Storage Facility

    7.09 miles

  • The Hamilton Motel

    1.14 miles

  • Sleep Inn

    1.14 miles

  • Sleep Inn Summerville-Charleston

    1.15 miles

  • Hampton Inn & Suites

    1.18 miles

  • Hampton Inn Summerville

    1.18 miles

  • Econo Lodge

    1.20 miles

  • Comfort Suites

    1.21 miles

  • Home2 Suites

    1.23 miles

  • avid Hotel

    1.25 miles

  • Wyndham Garden Summerville

    1.25 miles

  • Wendy's

    0.18 miles

  • Taco Bell

    0.19 miles

  • Oscar’s

    0.20 miles

  • Pizza Hut

    0.20 miles

  • Cook Out

    0.24 miles

  • Checkers

    0.30 miles

  • Carolina Crab House

    0.32 miles

  • McDonald's

    0.37 miles

  • First Watch

    0.44 miles

  • Captain D's

    0.48 miles

  • Alston Middle School

    0.66 miles

  • Alston-Bailey Elementary School

    0.81 miles

  • Spann Elementary

    1.54 miles

  • Spann Elementary School

    1.55 miles

  • Rollings Middle School of the Arts

    1.55 miles

  • Summerville Catholic School

    1.58 miles

  • Summerville Elementary School

    1.63 miles

  • Oaks Christian School

    1.73 miles

  • Faith Christian School

    2.59 miles

  • Nexton Elementary School

    2.65 miles

  • Tiny Tots Tech Pre-School

    1.88 miles

  • The Goddard School

    1.95 miles

  • Little People Big World Academy

    3.30 miles

  • Still Water Montessori School

    4.37 miles

  • Summerville KinderCare

    4.45 miles

  • La Petite

    6.68 miles

  • Crowfield Childhood Cubs Club

    7.22 miles

  • Crowfield Childhood Devolpment Center

    7.33 miles

  • Sunshine House

    8.45 miles

  • The Rainbow Connection Academy

    8.46 miles

Frequently Asked Questions

How much does Summerville Lofts cost?

The space currently listed for sale at Summerville Lofts asks for $1,550,000.

What is the total square footage of Summerville Lofts?

Summerville Lofts totals 4,972 square feet.

When was this property built?

Summerville Lofts was built in 1980.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Richard Callari

Birchin Lane Realty Advisors

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