Mount Pleasant Office
For Sale
$1,740,500
260 West Coleman Boulevard Unit B, Mount Pleasant, SC 29464
Two-story office condo in Mount Pleasant's vibrant commercial corridor.
Property Size4,365 SF
Price / SF$398.74
Days on Market195
Property Features for 260 West Coleman Boulevard Unit B
General Information
Standard status
Active
Size
4,365 SF
Property subtype
Office
Building Details
Building Size
4,365 SF
Listing Agency:
Coldwell Banker Commercial | Atlantic
Listed By:
John True
(843) 744-9877
Source:
Cbcworldwide
Added: Mar 27
Changed: Sep 13
Last Checked: Oct 5 at 3:09PM
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 Coldwell Banker Commercial | Atlantic
Investment Insights
Based on property information with market context.
Located in Mount Pleasant, SC, this 4,365 square foot two-story office condominium at 260 West Coleman Boulevard offers visibility and convenience. The property is situated near local restaurants, cafes, boutique shops, the Patriots Point Naval & Maritime Museum, Mount Pleasant Memorial Waterfront Park, and Shem Creek. It is located minutes from Downtown Charleston with quick access to Highway 17 and I-26. The main level features seven private offices, a training room, two ADA-compliant restrooms, a break room/kitchen area, a reception area, and a conference room. The second floor includes two separate open-concept areas. On-site parking is available. The property is suitable for law firms, medical and wellness practices, real estate offices, construction companies, consulting and design studios, and financial or tech firms. The two-story configuration allows an owner to occupy one floor while leasing the remaining space for additional income. This property offers a balance of professionalism, convenience, and flexibility.
Key Highlights
- Prime location on West Coleman Blvd in Mount Pleasant, offering high visibility and accessibility.
- Excellent investment opportunity for owner‑occupants with income‑producing potential through leasing one floor.
- 4,365± square feet of flexible space across two floors, suitable for various professional uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,338
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,826,760
$1.8M
Cap Rate 7%
$1,304,829
$1.3M
Cap Rate 9%
$1,014,867
$1.0M
Market Conditions
NOI Build-Up for 4,365 SF
Gross rent
$131.0K $30.00/SF
− Vacancy
−$9.2K −$2.10/SF
EGI
$121.8K $27.90/SF
− OpEx
−$30.4K −$6.98/SF
NOI
$91.3K $20.92/SF
Area
Charleston County, SC
Vacancy
7.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,826,760
Cap Rate 7%
$1,304,829
Cap Rate 9%
$1,014,867
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,338 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,915 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,365
Businesses Nearby
Explore this area
Business Placement
Demographics for 29464, SC
51,287
Population
26,829
Households
1.9
Avg Household Size
41
Median Age
67%
College-Educated
96%
High-School Grad
30.1 sq mi
ZIP Area
1,704
Density / Sq Mi
$107,215
Median Household Income
$60,066
Median Earnings
$1,973
Median Rent
$672,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Two-story office condo in Mount Pleasant's vibrant commercial corridor.
Where is this office units located?
The property is located at 260 West Coleman Boulevard Unit B Mount Pleasant, SC.
What is the asking price?
The asking price for this property is $1,740,500.
What are key features of this property?
This property features: Prime location on West Coleman Blvd in Mount Pleasant, offering high visibility and accessibility.; Excellent investment opportunity for owner‑occupants with income‑producing potential through leasing one floor.; 4,365± square feet of flexible space across two floors, suitable for various professional uses.
