Overview
Charleston Retail Opportunity on Cosgrove
This property is located on the Cosgrove Avenue corridor, benefiting from high traffic volume and visibility. Situated on a corner lot, it is within walking distance of Rivers Avenue. The area from Spruill Avenue to Rivers Avenue is undergoing redevelopment with new construction. Significant investments across the street, with major purchases reaching over $2 million, indicate positive growth in this transitioning area. This location presents a value-add opportunity for investors or business owners. The property is zoned B-1, Limited Business District, which aims to create a quiet and uncongested environment suitable for professional business offices, residential uses, and neighborhood commercial uses that do not negatively impact adjacent residential areas. Permitted uses include all uses allowed in the Office District (OD) and the Single-Family Residential Zoning District (R-1). Additionally, establishments providing convenience items and services to the public are permitted, such as barber shops, beauty shops, nail shops, tanning salons, flower shops, card shops, gift shops, video stores, tobacco shops, bait/tackle shops, newsstands, magazine stands, laundromats, dry cleaning pickup stations, telephone stores, cable TV service stores, internet cafes, fast food restaurants, ice cream shops, cafes, delicatessens, grocery stores, convenience stores, pharmacies, health food stores, confectioneries, bakeries, and pretzel or cookie shops, where products are predominantly sold at retail. The property size is 2084 square feet.