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$ 2,550,000
Est. payment /mo
Active
3265 N Carolina AVE North Charleston, SC 29405
27,007 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 27,007 sqft
Price per Sqft $94
MLS Listing ID 31009427
Lot Size 0.620 Acres
Acres 0.62
Property Sub-Type Office
Property Description
3265 N Carolina Ave, a recently renovated +/-14,278 SF office building offering an attractive combination of value, existing rental income, and owner-user flexibility. The property is currently 83% occupied by five tenants, providing immediate cash flow while leaving up to +/-2,400 SF available for an owner-occupant or future leasing upside.Offered at a price well below estimated replacement cost, the property provides an attractive basis for an investor seeking value-add potential or an owner-user looking to occupy space while benefiting from rental income generated by the existing tenants. The property is also located within an Opportunity Zone, adding another potential benefit for qualified investors. LOW-BASIS ACQUISITION - A compelling opportunity to acquire a renovated office asset at a price point well below replacement cost. FLEXIBLE ACQUISITION STRATEGY - Well suited for an owner-occupant, traditional investor, or 1031 exchange buyer seeking a combination of existing income and future upside. INCOME WITH UPSIDE - Currently 83% occupied by five office tenants, providing immediate rental income while preserving additional upside through the lease-up of available space. RECENTLY RENOVATED & IMPROVED - The property has undergone significant renovations and tenant improvements, offering buyers a well-maintained asset with substantially less near-term capital improvement needs.
Location
State SC
County Charleston
Zoning City of North Charleston - B-2 - General Business District
Exterior
Parking Features Surface
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
NEARBY SCHOOL & BUSINESS
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