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Redevelopment Opportunity in Mount Pleasant

1514 North Highway 17 Mount Pleasant, SC 29464

1514 North Highway 17, Mount Pleasant, SC, 29464
$1,295,000
For Sale
Claim this Listing
$1,295,000

Redevelopment site with high traffic and nearby amenities.

Property Size2,924 SF
Price / SF$442.89
AddedApr 15
Days on Market92
Last RefreshJul 3 at 11:38 pm

Property Features for 1514 North Highway 17

General Information

Standard status
Active
Size
2,924 SF
Property subtype
Retail

Listing office CBRE | Charleston

Listing date Apr 15, 2026

Source Cbre

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


Investment Insights

Based on property information with market context.

The property, formerly a Henry’s Sporting Goods Store, features approximately 2,084 square feet on the first floor and approximately 840 square feet on the second floor, totaling 2,924 square feet. It is located in Charleston County outside the Town of Mt Pleasant and is zoned commercial within the Charleston County Mount Pleasant Overlay District. The site is suitable for redevelopment. It benefits from a high traffic volume of 81,200 vehicles per day at the intersection of I-526 and Highway 17. Immediate nearby amenities within walking distance include Chipotle, Ye Ole Fashioned Ice Cream and Sandwich Shop, the Cambria Hotel, and Wando Crossing Center, which features Walmart, TJ Maxx, Marshalls, and Total Wine & More.

Key Highlights

  • High Traffic Location: 81,200 Vehicles Per Day (VPD) on I‑526 and Hwy 17.
  • Redevelopment Opportunity: Ideal site for redevelopment in Charleston County.
  • Commercial Zoning: Zoned Commercial in Charleston County, offering diverse business possibilities.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $81.8k $27.96
− Vacancy −$3.4k −$1.15
EGI $78.4k $26.81
− OpEx −$23.5k −$8.04
NOI $54.9k $18.77
2,924 SF · lease $27.96/SF/yr · vacancy 4.10% · expense 30.00%

Alternative Uses

Best Use
Retail
$784.0K
$686.0K – $914.7K (±1% cap)
NOI $54,882 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$928.7K – $1.24M (±1% cap)
NOI $74,299 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Henry's Sporting Goods (Bike/Boat/Book/etc) Store Southern Seasons Heating ... HVAC Service

Suggested Use

Restaurant Big Box & Wholesale Store Real Estate Agency Parking Lot & Garage Building Supply Electrical Service Grocery & Convenience Store Food Market Grocery & Convenience Store Auto Parts Store

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

FAQs

What type of property is this?
Retail space - Redevelopment site with high traffic and nearby amenities.
Where is this retail space located?
The property is located at 1514 North Highway 17 Mount Pleasant, SC.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: High Traffic Location: 81,200 Vehicles Per Day (VPD) on I‑526 and Hwy 17.; Redevelopment Opportunity: Ideal site for redevelopment in Charleston County.; Commercial Zoning: Zoned Commercial in Charleston County, offering diverse business possibilities.
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