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Renovated Multi-Tenant Retail/Office Building

1801 Reynolds Ave North Charleston, SC

1801 Reynolds Ave, North Charleston, SC, 00000
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For Sale
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7,200 SF renovated retail and office building for sale.

Property Size7,200 SF
Lot Size0.13 Acres
Price / SF$243.06
AddedJul 8, 2025
Days on Market373
Last RefreshJul 14 at 11:01 am

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 office Harbor Commercial Partners

Listing date Jul 8, 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 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.

Local 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 (±1% cap)
NOI $96,390 @ 7.0% cap · market cap 5.51%
Second Best
Retail
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,462 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M (±1% cap)
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

Suggested Use

Dental Office Real Estate Agency Building Supply Auto Parts Store HVAC Service Spa & Massage Center Kitchen & Bath Showroom Gym & Fitness Center Garden Center Big Box & Wholesale Store

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

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.
Contact an agent
(843) 532-1684 Call to check price and availability
More about this property
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