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Welcome to 2111 Sea Island Parkway, a prime commercial real estate opportunity featuring a restaurant and roadside marketplace located just a few miles south of Beaufort, South Carolina. Situated on Harbor Island, this property is near Fripp Island Resort (5 miles away) and Hunting Island State Park (less than a mile), offering an ideal location for both locals and tourists.
***KEY FEATURES***
*PRIME LOCATION: Positioned on the highly trafficked Sea Island Parkway, this property provides easy access to two popular destinations: Fripp Island and Hunting Island.
*ROADSIDE MARKETPLACE: An open-air market offering fresh seafood, fishing gear, and tackle, catering to the coastal lifestyle and attracting both tourists and locals. *ESTABLISHED KITCHEN: A commercial kitchen with a bar area and expansive indoor and outdoor seating. The restaurant has great potential for continued operation or redevelopment into a new culinary concept.
*OYSTER WASH-DOWN STATION: Licensed and connected to the water, this feature is perfect for commercial oystering and seafood businesses.
*SCENIC VIEWS: The property overlooks marshland, offering breathtaking sunset views that enhance the customer experience.
*ON-SITE LIVING QUARTERS: A one-bedroom home ideal for a resident chef or property manager, providing convenience for business operations.
*SMOKEHOUSE: A fully functional smokehouse, perfect for incorporating smoked meats or seafood into the business or creating local specialties.
*LARGE ACREAGE: Spanning approximately one acre with three separate lots, the property offers flexibility for future development or expansion.
*DEVELOPMENT POTENTIAL: The property has the potential to host a retail village with art galleries, shops, food services, boat rentals, and more, offering limitless opportunities for growth.
This unique property offers significant potential for investors and entrepreneurs looking to tap into the area's thriving tourism, boating, and fishing industries. Whether continuing its current uses or exploring new ventures, the property offers flexibility for various business needs.
Contact us today to schedule a tour and explore this one-of-a-kind opportunity!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,120,000 | $3,120,000 | $3,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 6.764% | 6.581% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,465 | $19,978 | $26,965 |
Total Monthly Payment | $19,590 | $20,103 | $27,090 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.