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Heritage Square sold

  • Thursday, September 19, 2013

Heritage Square, the dilapidated shopping center located at the intersection of the Berlin G. Myers Parkway and U.S. Highway 78, has been sold according to town officials.
Both Mayor Bill Collins and Madelyn Robinson, director of Planning and Economic Development, confirmed the property was sold “maybe a week ago.”
“A group has bought the site and as far as I know have plans for a multi-use operation,” said Mayor Collins.
He said the details of the project have yet to be determined, as final plans for the site have not been submitted yet.
The Heritage Square property is split into two parts: Heritage Square Shopping Center, LLC, and Heritage Square Two, LLC.
Both pieces of property – the shopping center and the apartments behind it – were sold earlier this month to 338 Magnum, LLC, according to deeds filed with the Dorchester County Register of Deeds. The shopping center was sold for $2,680,000. The apartments were sold for $670,000.
The mayor said to his knowledge the purchaser will be installing a sporting goods store that will sell guns, fishing gear, clothing and other similar merchandise. The rest of the shopping center will be leased to a variety of tenants with  “several types of businesses,” he said.
The sale follows a string of legal battles between the previous owners and the Town of Summerville, which originally declared Heritage Square condemned and ordered it demolished in February 2010.
The most recent order from Master-in-Equity Maite Murphy, on March 26, upheld the mandate for demolition citing a risk in public safety.
 

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