Light Industrial Flex
3605 Meeting Street Road North Charleston, SC 29405
3605 Meeting Street Road, North Charleston, SC, 29405
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For Sale
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Two freestanding light industrial buildings total about 7,726 SF on roughly 0.64 acres, zoned M-1 and currently delivered vacant.
Property Size7,726 SF
Lot Size0.64 Acres
Price / SF$161.79
Days on Market175
Property Features for 3605 Meeting Street Road
General Information
- Standard status
- Active
- Size
- 7,726 SF
- Lot size
- 0.64 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1970
Listing agency
Dunes Commercial Properties
Listed by
Lucas Beni · License #123137
Source
Crexi
Added: Jan 27 Updated: Jul 21 at 12:25AM Checked: Jul 21 at 6:31AM
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 Dunes Commercial Properties
Investment Insights
Based on property information with market context.
The property at 3605 Meeting Street Road includes two freestanding buildings totaling approximately 7,726 square feet (about +/- 3,863 SF each) on roughly +/- 0.64 acres. Zoned M-1 (Light Industrial), the buildings are currently occupied by a medical practice and are being delivered vacant, providing flexibility for an owner-user or investor. The layout can be used as a single operation or reconfigured into multiple suites to support a range of commercial uses.
The site offers prominent frontage along Meeting Street Road and includes a large rear parking and laydown area suited to contractors, service companies, fleet users, or businesses needing outdoor storage. Convenient access to major transportation routes supports practical operations for light industrial, flex, office, or service-oriented users.
This offering is structured around a flexible, light industrial site with two standalone buildings and significant outdoor work/storage space, with the option to operate as one business or divide into multiple suites.
The site offers prominent frontage along Meeting Street Road and includes a large rear parking and laydown area suited to contractors, service companies, fleet users, or businesses needing outdoor storage. Convenient access to major transportation routes supports practical operations for light industrial, flex, office, or service-oriented users.
This offering is structured around a flexible, light industrial site with two standalone buildings and significant outdoor work/storage space, with the option to operate as one business or divide into multiple suites.
Key Highlights
- Two freestanding buildings totaling approximately 7,726 SF (+/- 3,863 SF each) on about 0.64 acres
- Zoned M‑1 (Light Industrial) with potential to support light industrial, flex, office, or service‑oriented uses
- Currently occupied by a medical practice and being delivered vacant
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 | $162.2k | $21.00 |
| − Vacancy | −$24.3k | −$3.15 |
| EGI | $137.9k | $17.85 |
| − OpEx | −$34.5k | −$4.46 |
| NOI | $103.4k | $13.39 |
7,726 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.48M
$1.29M – $1.72M
NOI $103,432 @ 7.0% cap · market cap 8.27%
Second Best
Healthcare Medical
$1.43M
$1.25M – $1.67M
NOI $100,129 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M
NOI $146,856 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Roscoes Diner — 2705 Bonds Ave, North Charleston, SC 29405
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- Farrah’s Backyard Catering — 3555 Dorchester Rd, North Charleston, SC 29405
- Cast Iron Food Truck and Catering — 3555 Dorchester Rd, North Charleston, SC 29405
- Lowcountry Eats — 1608 Camp Rd, Charleston, SC 29412
FAQs
What type of property is this?
Flex space - Two freestanding light industrial buildings total about 7,726 SF on roughly 0.64 acres, zoned M-1 and currently delivered vacant.
Where is this flex space located?
The property is located at 3605 Meeting Street Road 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: Two freestanding buildings totaling approximately 7,726 SF (+/- 3,863 SF each) on about 0.64 acres; Zoned M‑1 (Light Industrial) with potential to support light industrial, flex, office, or service‑oriented uses; Currently occupied by a medical practice and being delivered vacant