What a RARE find on Folly Beach. 120 W Arctic Ave is a FULL STREET TO STREET property zoned ISLAND COMMERCIAL. The potential uses for this unique and well kept property are numerous. Currently it is a top & bottom duplex with the upstairs being a 3BR/2BA property with great open spaces and finishes. The full front sunroom/porch offers excellent views of the ocean and is literally just steps from beach access and less than 1 block from Center St and all of the wonderful shopping and dining options that Folly Beach has to offer. Downstairs is currently a super cute 1BR/1Bath rental with its own covered patio and small screened in porch off of the kitchen.This property with minor alterations could accommodate either a 2nd stand alone structure to be built allowing for either another residential/rental space or a vibrant commercial space.
The property is zoned Island Commercial. Island Commercial allows Tourism Accommodation
Uses (hotel/motel/inn) and also one residential unit over a non residential use (Folly Code
Table 164.01). The owner has also demonstrated that an Inn can be placed on this parcel under the 200'
rule. This parcel is one of the last remaining lots on Folly Beach to allow such a structure to be built. And the options go on and on....live in one level now and rent the other level out while you wait to make your next moves. Currently there is also a large free standing garage on the lot that would offer great short or long term storage as well. This is that unique opportunity that just does not come up very often.....investors take note!