1501 Salem Rd, Beaufort, SC 29902

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Building Details:

• Year Built: 1985

1501 Salem Rd is located in Beaufort, SC.

Community Center Available for sale or lease is Salem Village, a 33,735 square foot shopping center located in the heart of Beaufort, SC. The entire shopping center consists of five retail units and two 0.36-acre retail pad sites. A breakdown of the retail units is as follows: Unit E (27,165 SF), Unit D (1,933 SF), Unit C (1,545 SF) and Unit B (3,092 SF). 16,500 square feet of Unit E is currently leased to Goodwill Industries through 11/10/10 and the remaining spaces are vacant. The center is situated on 4.68 total acres including the retail pads. Egress/ingress to the center is provided by 2 curb cuts from Salem Road and the center offers an abundant parking ratio of 5 spaces per 1,000 square feet. Salem Village has not been properly managed for several years and the lender now has possession of the property. Financing is available for a qualified buyer. Note: The end-cap Unit A (3,029 SF) is separately owned and is not included in this offering. NOTE: PROPERTY IS CURRENTLY UNDER CONTRACT FOR SALE.