|Price/Rent PSF||$ 2,011,000.00|
|SQ. FT. Available||36,575|
Located in the Courtyard Building.
The Courtyard Building has been a landmark property at the entrance to Sea Pines Resort since 1981. The building was renovated and separated into condominiums in 2001. The property is surrounded by Park Plaza (Harris Teeter, Park Plaza Cinemas), Reilley's Plaza and now the University of South Carolina's new Hilton Head Island campus.
This offering is for all 36 units on the second and third floors; 18 on the second floor and 18 on the third floor. The combined rentable area is 36,575 square feet. 8 second floor units are rented on a short term basis. A partial sale will be considered. Three additional ground floor units facing Greenwood Drive could also be added to a purchase.
This opportunity can become a corporate campus or rented to moderate to smaller office users. It could also be converted to residential uses. Hilton Head Island zoning is Sea Pines Circle District (Sea Pines Commercial), which allows for commercial and mixed-use development.
Its location directly across from the new University of South Carolina campus would lend itself to student housing. Also, the proximity to Sea Pines Resort, its walking access to an abundance of shopping, restaurants and bars and easy access to Hilton Head Island's famous beaches would lend itself to upscale residences for retirees.
This excellent location lends itself to many interesting opportunities. It is looking for a new life and priced to sell.