1813 Reynolds AVE Active

North Charleston,SC 29405

$ 1141000

- Bed

- Bath

8276 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,276 sqft

Price per Sqft $137

MLS Listing ID 31006657

Year Built 1980

Lot Size 8,276 Sqft

Property Sub-Type Retail

Property Description

Rare opportunity to purchase one or two Opportunity Zone properties in the highly desirable Charleston, SC MSA. The portfolio offering is ideal for an owner-occupant seeking additional income and/or an opportunistic investor seeking to capitalize on the favorable opportunity zone benefits offered. Portfolio offers an Owner-Occupant, an opportunistic investor, or 1031 Exchange Seeker up to A+/-6,068 SF of vacant office space. This presents a move-in option for the owner-occupant with offsetting existing rental income, or a rare, value-add opportunity for the savvy investor. Portfolio comes with recent renovations and tenant improvements - both properties have been significantly improved in recent years.3265 N Carolina Ave. is approximately 57% leased (office) and 1813 Reynolds Ave. is 100% leased (retail). The lease for Suite 1, 1,613 SF expires on 3/1/26. The space is listed for lease, but also presents a functioning restaurant space for an owner/occupant. The properties are in a transformational area which is located in the rapidly developing Reynolds Avenue district of North Charleston.

Location

State SC

County Charleston

Zoning City of North Charleston - B-2 - General Business District

Building

Sewer Public Sewer

Water Public

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

View More
Favorite Go Tour