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Retail Space in Redeveloping Area

3315 Rivers Avenue North Charleston, SC 29405

3315 Rivers Avenue, North Charleston, SC, 29405
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For Sale
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Retail space with redevelopment potential in a prime location.

Property Size8,000 SF
Price / SF$156.25
AddedMay 25
Days on Market52
Last RefreshMay 27 at 8:25 am

Property Features for 3315 Rivers Avenue

General Information

Standard status
Active
Size
8,000 SF
Property subtype
Retail

Listing office KW Commercial

Listing date May 25, 2026

Source Crexi

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 KW Commercial


Investment Insights

Based on property information with market context.

This retail space is located in an area undergoing redevelopment with new restaurants and attractions. The property offers an opportunity to invest before potential price increases. The initial lease term has 3 years remaining, with one 5-year option available. The property is situated in an excellent location on Rivers Avenue.

Key Highlights

  • Excellent location at the intersection of Cosgrove, Rivers, and Reynolds
  • Redeveloping area with popular

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 $144.0k $18.00
− Vacancy −$11.5k −$1.44
EGI $132.5k $16.56
− OpEx −$39.7k −$4.97
NOI $92.7k $11.59
8,000 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.32M
$1.16M – $1.55M (±1% cap)
NOI $92,736 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M (±1% cap)
NOI $152,064 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Parking Lot & Garage Electrical Service Plumbing Service Locksmith Big Box & Wholesale Store Pharmacy Building Supply Cafe & Coffee Shop Veterinary Clinic Auto Repair Shop

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

FAQs

What type of property is this?
Retail space - Retail space with redevelopment potential in a prime location.
Where is this retail space located?
The property is located at 3315 Rivers Avenue North Charleston, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Excellent location at the intersection of Cosgrove, Rivers, and Reynolds; Redeveloping area with popular
Contact an agent
(843) 767-7777 Call to check price and availability
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