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Freestanding Office Building in Summerville

107 W 5th North St, Summerville, SC

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For Sale

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Two-story, 6,578 SF office building for lease in Summerville.

Type:OFFICE

Property size:

6,578 SF

Lot size:

0.41 Acres

Price / SF:

$241/SF

HighLights

Freestanding two‑story office building with 6,578 SF on a 0.25 acre lot.
Flexible layout allows for single user or controlled access for up to 3 separate spaces.
Potential to lease each floor separately.
Newly renovated large front portion on the ground floor.
Ground floor includes a smaller (750 SF) rear suite that can be closed off with french doors.
Located half a block off N Main Street in Summerville.

We can help!

Listing Contact

Geoffrey L Groat, Jr

Learn more

For Sale

Contact for pricing

Two-story, 6,578 SF office building for lease in Summerville.

Type:OFFICE

Property size:

6,578 SF

Lot size:

0.41 Acres

Price / SF:

$241/SF

Added:: Mar 12, 2025
Days on Market:: 461
Last Refresh:: May 20 at 9:42 pm

Property Features for 107 W 5th North St

General Information

Standard status: Active
Size: 6,578 SF
Lot size: 0.41 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Geoffrey L Groat, Jr

Listing agent Geoffrey L Groat, Jr

Listing office Roadstead Real Estate Advisors LLC

Listing date Mar 12, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Roadstead Real Estate Advisors LLC

HighLights

Freestanding two‑story office building with 6,578 SF on a 0.25 acre lot.
Flexible layout allows for single user or controlled access for up to 3 separate spaces.
Potential to lease each floor separately.
Newly renovated large front portion on the ground floor.
Ground floor includes a smaller (750 SF) rear suite that can be closed off with french doors.
Located half a block off N Main Street in Summerville.

Overview

This two-story freestanding office building, containing 6,578 square feet, is available for lease. It is situated on a 0.25-acre lot on W 5th N Street, half a block from N Main Street in Summerville, South Carolina. The ground floor features front, rear, and side entrances. The layout includes a large front space and a smaller, approximately 750 square foot rear suite that can be separated with French doors. The larger front portion has been recently renovated, while the smaller rear portion was updated in recent years. A double front entrance provides separate access to the second floor, and an additional interior staircase connects both floors. The space can be configured for single occupancy or controlled access for up to three separate spaces. There is potential to lease each floor separately.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$195.8k	$29.76
− Vacancy	−$21.5k	−$3.27
EGI	$174.2k	$26.49
− OpEx	−$43.6k	−$6.62
NOI	$130.7k	$19.86

6,578 SF · lease $29.76/SF/yr · vacancy 11.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.87M

$1.63M – $2.18M (±1% cap)

NOI $130,671 @ 7.0% cap · market cap 8.22%

Second Best

—

no second resolved use

Theoretical Best

Office A

$4.92M

$4.31M – $5.74M (±1% cap)

NOI $344,595 @ 7.0% cap · market cap 21.67%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Summerville
County: Dorchester
State: South Carolina
Longitude: -80.1703
Latitude: 33.0265

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For sale
Office buildings
SC
Summerville
107 W 5th North St

What type of property is this?

Office building - Two-story, 6,578 SF office building for lease in Summerville.

Where is this office building located?

The property is located at 107 W 5th North St Summerville, SC.

What is the asking price?

The asking price for this property is $1,590,000.

What are key features of this property?

This property features: Freestanding two‑story office building with 6,578 SF on a 0.25 acre lot.; Flexible layout allows for single user or controlled access for up to 3 separate spaces.; Potential to lease each floor separately.

107 W 5th North St, Summerville, SC

Two-story, 6,578 SF office building for lease in Summerville.

Property Features for 107 W 5th North St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Well-Maintained Quadplex with Four Units

Residential Income Property with Apartments

Updated 3-Bedroom Townhome

Summerville Quadplex Near Downtown

Summerville Quadplex Investment Opportunity

Pond-Front Attached Duplex Home

Charming Duplex in Summerville

Summerville Quadplex Investment Opportunity

Turnkey 2-Bedroom 55+ Home

Updated Duplex with Fenced Yards

Summerville Multifamily Property for Sale

Summerville Triplex Customization Opportunity

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