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$ 1,141,000
Est. payment /mo
Price Dropped by $25K
1813 Reynolds AVE North Charleston, SC 29405
8,276 SqFt
UPDATED:
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
Acres 0.19
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
Listed by Scott Peevy • NAI Charleston, LLC
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