Summerville Lofts

For Sale

120 Fred St, Summerville, SC 29483

This Summerville property for sale is located at 120 Fred St. The general use of Summerville Lofts is multi-family and it incorporates 4,972 square feet of class C multi-family space. The current listed sale price for Summerville Lofts is $1,550,000. Summerville Lofts is situated on a lot that is 0.19 acre in size.

Contacts

broker
Richard Callari

Birchin Lane Realty Advisors

Property Details

  • 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

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

Getting around

  • 62/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • ALDI

    0.33 miles

  • Piggly Wiggly

    0.38 miles

  • Village Square Shoppes

    0.76 miles

  • Bealls

    0.82 miles

  • Belk

    0.90 miles

  • TJ Maxx

    0.92 miles

  • Ross

    0.98 miles

  • Target

    1.06 miles

  • Walmart Supercenter

    1.07 miles

  • Kohl's

    1.16 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Richard Callari

Birchin Lane Realty Advisors

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