Renovated Multi-Tenant Retail/Office
1801 Reynolds Ave North Charleston, SC
For Sale
Contact for pricing
7,200 SF renovated retail and office building for sale.
Property Size7,200 SF
Lot Size0.13 Acres
Price / SF$243.06
Days on Market383
Property Features for 1801 Reynolds Ave
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.13 Acres
- Property subtype
- OFFICE
Properties For Sale
at 1801 Reynolds Ave Contact us
Listing Agency:
Harbor Commercial Partners
(843) 532-1684
Listed By:
Tradd T Varner · License #63985
(843) 532-1684
Source:
Moodyscre
Added: Jul 8, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:06AM
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 Harbor Commercial Partners
Investment Insights
Based on property information with market context.
The property at 1801 Reynolds Ave is a 7,200 SF multi-tenant building suitable for retail and office use. Located near the Charleston Navy Base Redevelopment, the building was completely renovated in 2018. Renovations included a new roof, commercial plate glass storefront, and windows. Tenant spaces feature high-end interior finishes. The property provides an off-street parking ratio of 2.5/1000. Currently 82% occupied, the building's shorter-term leases offer flexibility for an owner-occupier to utilize space and lease out the remaining portion. The property is located in an Opportunity Zone.
Key Highlights
- 7,200 SF multi‑tenant retail and office building.
- Completely renovated in 2018 with new roof and commercial plate glass storefront.
- High‑end interior finishes in tenant spaces.
Financial Insights For Office B
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 | $151.2k | $21.00 |
| − Vacancy | −$22.7k | −$3.15 |
| EGI | $128.5k | $17.85 |
| − OpEx | −$32.1k | −$4.46 |
| NOI | $96.4k | $13.39 |
7,200 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.38M
$1.20M – $1.61M
NOI $96,390 @ 7.0% cap · market cap 5.51%
Second Best
Retail
$1.19M
$1.04M – $1.39M
NOI $83,462 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,858 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - 7,200 SF renovated retail and office building for sale.
Where is this office building located?
The property is located at 1801 Reynolds Ave North Charleston, SC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7,200 SF multi‑tenant retail and office building.; Completely renovated in 2018 with new roof and commercial plate glass storefront.; High‑end interior finishes in tenant spaces.
