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Two Connecting Office Condos

15 Gamecock Ave, Charleston, SC

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For Sale

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Two well-maintained, connecting office condos totaling approximately 8,500 square feet.

Type:OFFICE

Property size:

8,500 SF

Lot size:

0.50 Acres

Price / SF:

$250/SF

HighLights

Large combined office space: Approximately 8,500 square feet across two connecting condos.
Ideal for owner‑user: Well‑maintained and easily accessible location in the Lowcountry.
Flexible usage: Suitable for various professional office purposes (medical, insurance, etc.).
Vacant possession: Current tenant will vacate prior to closing.
Potential for division: Can be split back into two separate units by filling in one opening.
Separately metered: Each unit has separate power and water meters.

We can help!

Listing Contact

Chip Shealy

For Sale

Contact for pricing

Two well-maintained, connecting office condos totaling approximately 8,500 square feet.

Type:OFFICE

Property size:

8,500 SF

Lot size:

0.50 Acres

Price / SF:

$250/SF

Added:: Mar 28, 2025
Days on Market:: 445
Last Refresh:: May 20 at 9:04 pm

Property Features for 15 Gamecock Ave

General Information

Standard status: Active
Size: 8,500 SF
Lot size: 0.50 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Chip Shealy

Listing agent Chip Shealy

Listing office CBRE | Charleston

Listing date Mar 28, 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 CBRE | Charleston

HighLights

Large combined office space: Approximately 8,500 square feet across two connecting condos.
Ideal for owner‑user: Well‑maintained and easily accessible location in the Lowcountry.
Flexible usage: Suitable for various professional office purposes (medical, insurance, etc.).
Vacant possession: Current tenant will vacate prior to closing.
Potential for division: Can be split back into two separate units by filling in one opening.
Separately metered: Each unit has separate power and water meters.

Overview

This is an opportunity to own two connecting office condos totaling approximately 8,500 square feet. The property, located at 15 Gamecock Ave in Charleston, SC, is easily accessible and has been well maintained. The full building is currently utilized as an insurance agency but could be used for medical or any professional office purposes. The current tenant will vacate prior to closing. Unit A consists of approximately 3,000 square feet on the first floor and 700 square feet on the second floor, with additional attic space. Unit B consists of approximately 3,100 square feet on the first floor and 1,700 square feet on the second floor. By filling in one opening, the property could be split back into two units. Each unit is separately metered for power and water.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$188.7k	$22.20
− Vacancy	−$29.6k	−$3.49
EGI	$159.1k	$18.71
− OpEx	−$39.8k	−$4.68
NOI	$119.3k	$14.04

8,500 SF · lease $22.20/SF/yr · vacancy 15.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.70M

$1.49M – $1.99M (±1% cap)

NOI $119,306 @ 7.0% cap · market cap 5.61%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.30M

$2.01M – $2.68M (±1% cap)

NOI $161,017 @ 7.0% cap · market cap 7.58%

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

Property Profile Location Intelligence

Current Use by Public Records

A Berendt Associates Inc Employment Agency Randol Cheryl Insurance Agency South Carolina Blues: ... Insurance Agency Mc Laughlin Trey Insurance Agency The David M Gilston ... Insurance Agency

Suggested Use

Location Insight

Map
Local Demand

City: Charleston
County: Berkeley
State: South Carolina
Longitude: -79.9937
Latitude: 32.8214

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What type of property is this?

Office building - Two well-maintained, connecting office condos totaling approximately 8,500 square feet.

Where is this office building located?

The property is located at 15 Gamecock Ave Charleston, SC.

What is the asking price?

The asking price for this property is $2,125,000.

What are key features of this property?

This property features: Large combined office space: Approximately **8,500 square feet** across two connecting condos.; Ideal for owner‑user: Well‑maintained and easily accessible location in the Lowcountry.; Flexible usage: Suitable for various professional office purposes (medical, insurance, etc.).

15 Gamecock Ave, Charleston, SC

Two well-maintained, connecting office condos totaling approximately 8,500 square feet.

Property Features for 15 Gamecock Ave

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

Historic Charleston Mixed-Use Building

Multifamily Investment in Charleston, SC

Turnkey Renovated Duplex

Two-Unit Multifamily Income Property

Turnkey Two-Unit Short-Term Rental

Charleston Single-Style Duplex Home

Downtown Charleston Multifamily Investment Property

Updated Historic 2-Bedroom Home

Historic Downtown Charleston Triplex

Luxury Duplex in Downtown Charleston

Charleston Multifamily Investment Opportunity

Renovated Historic Duplex

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