Updated Office/Studio Flex
2135 Dorchester Rd North Charleston, SC 29405
2135 Dorchester Rd, North Charleston, SC, 29405
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For Sale
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Updated interior with LVP flooring, recessed lighting, and a refreshed kitchenette plus enclosed front porch and rear gravel parking.
Property Size1,130 SF
Price / SF$429.20
Days on Market114
Property Features for 2135 Dorchester Rd
General Information
- Standard status
- Active
- Size
- 1,130 SF
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1940
Listing agency
Lighthouse Real Estate
(843) 860-3238
Listed by
Joe Porter · License #70601
Source
Crexi
Added: Mar 30 Updated: Jul 20 at 9:26PM Checked: Jul 20 at 9:26PM
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 Lighthouse Real Estate
Investment Insights
Based on property information with market context.
This updated office/studio flex suite offers a flexible interior layout designed to support a variety of business uses. Interior improvements include durable LVP flooring, recessed lighting, and a refreshed kitchenette with new cabinetry and a tile backsplash. An enclosed front porch provides an inviting entry that can function as a reception or waiting area.
Inside, the space features two large main rooms suited for private offices, conference or meeting space, collaborative work, and showroom-style use. Toward the rear, the updated kitchenette is complemented by an additional office or flex room, a bathroom, and a separate storage area.
The property is positioned along the high-visibility Dorchester Road corridor with convenient access to surrounding residential and commercial growth. Off-street parking is available in a rear gravel parking area for staff and visitors, and the location is within walking distance of South Carolina’s first planned dedicated bus rapid transit system. It is also near the planned redevelopment of the former Naval Hospital site, expected to include 292 live-work apartment units, supporting continued area growth.
Inside, the space features two large main rooms suited for private offices, conference or meeting space, collaborative work, and showroom-style use. Toward the rear, the updated kitchenette is complemented by an additional office or flex room, a bathroom, and a separate storage area.
The property is positioned along the high-visibility Dorchester Road corridor with convenient access to surrounding residential and commercial growth. Off-street parking is available in a rear gravel parking area for staff and visitors, and the location is within walking distance of South Carolina’s first planned dedicated bus rapid transit system. It is also near the planned redevelopment of the former Naval Hospital site, expected to include 292 live-work apartment units, supporting continued area growth.
Key Highlights
- Updated interior includes LVP flooring, recessed lighting, and a refreshed kitchenette with new cabinetry and tile backsplash
- Flexible layout with two large main rooms plus an additional office/flex room, bathroom, and separate storage area
- Enclosed front porch provides an inviting entry for reception or waiting use
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 | $23.7k | $21.00 |
| − Vacancy | −$3.6k | −$3.15 |
| EGI | $20.2k | $17.85 |
| − OpEx | −$5.0k | −$4.46 |
| NOI | $15.1k | $13.39 |
1,130 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$216.1K
$189.1K – $252.1K
NOI $15,128 @ 7.0% cap · market cap 3.12%
Second Best
Retail
$187.1K
$163.7K – $218.3K
NOI $13,099 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$306.8K
$268.5K – $358.0K
NOI $21,479 @ 7.0% cap · market cap 4.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Updated interior with LVP flooring, recessed lighting, and a refreshed kitchenette plus enclosed front porch and rear gravel parking.
Where is this office units located?
The property is located at 2135 Dorchester Rd North Charleston, SC.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Updated interior includes LVP flooring, recessed lighting, and a refreshed kitchenette with new cabinetry and tile backsplash; Flexible layout with two large main rooms plus an additional office/flex room, bathroom, and separate storage area; Enclosed front porch provides an inviting entry for reception or waiting use
