Iconic Dixie Furniture Building
For Sale
Contact for pricing
5550 Rivers Ave, North Charleston, SC
Renovated showroom and warehouse space on high-traffic Rivers Avenue.
Property Size22,000 SF
Lot Size0.76 Acres
Price / SF$193.18
Days on Market408
Property Features for 5550 Rivers Ave
General Information
Standard status
Active
Size
22,000 SF
Lot size
0.76 Acres
Property subtype
RETAIL
Lease Type
NNN
Properties For Sale
at 5550 Rivers Ave
5550 Rivers Ave
AVAILABLE, Now
Floor
Bldg
Size
22,000 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
- First Time Available in 60 Years! Iconic Dixie Furniture Building on Rivers Avenue
This is a rare opportunity to lease the renowned Dixie Furniture Building, available for the first time in six decades. The property
features 22,000 square feet of space, including a recently renovated showroom (approximately 80% of the total space) and
well-maintained warehouse space (20%). Positioned on 0.75 acres, the site falls under the B-2 General Business District zoning
and is split-zoned (internal use: yes), offering exceptional flexibility for a wide range of commercial uses. It also lies within the
Upper 52-78 Overlay District, enhancing its potential for redevelopment and expansion opportunities. Located on high-traffic Rivers
Avenue in North Charleston, the site benefits from excellent visibility, top-tier daily traffic counts, and ample on-site parking.
Contact us
Listing Agency:
Coldwell Banker Commercial | Atlantic
(843) 744-9877
Listed By:
Ben H Chase · License #SC91676
(843) 478-9594
Source:
Moodyscre
Added: Aug 25, 2025
Changed: Sep 7
Last Checked: Oct 5 at 7:33PM
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.
The iconic Dixie Furniture Building, available for the first time in 60 years, offers 22,000 square feet of space, including a recently renovated showroom that comprises approximately 80% of the total area, and well-maintained warehouse space accounting for the remaining 20%. Situated on 0.75 acres, the property is located on Rivers Avenue in North Charleston, benefiting from high visibility and substantial daily traffic. The site features ample on-site parking. Zoned B-2 General Business District, the property is split-zoned and also falls within the Upper 52-78 Overlay District, enhancing its potential for redevelopment and expansion. The zoning allows for a wide range of commercial uses.
Key Highlights
- High‑traffic location on Rivers Avenue with excellent visibility and ample on‑site parking.
- 22,000 sq ft of space, including a recently renovated showroom (approximately 80% of the total space).
- B‑2 General Business District zoning with split‑zoning (internal use: yes) allowing for a wide range of commercial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$255,024
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,100,480
$5.1M
Cap Rate 7%
$3,643,200
$3.6M
Cap Rate 9%
$2,833,600
$2.8M
Market Conditions
NOI Build-Up for 22,000 SF
Gross rent
$396.0K $18.00/SF
− Vacancy
−$31.7K −$1.44/SF
EGI
$364.3K $16.56/SF
− OpEx
−$109.3K −$4.97/SF
NOI
$255.0K $11.59/SF
Area
North Charleston, SC
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,100,480
Cap Rate 7%
$3,643,200
Cap Rate 9%
$2,833,600
Alternative Uses
Best Use
Retail
$3.64M
$3.19M – $4.25M
NOI $255,024 @ 7.0% cap · market cap 6.00%
Second Best
Warehouse
$1.81M
$1.58M – $2.11M
NOI $126,526 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$5.97M
$5.23M – $6.97M
NOI $418,176 @ 7.0% cap · market cap 9.84%
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
99
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Showroom - Renovated showroom and warehouse space on high-traffic Rivers Avenue.
Where is this showroom located?
The property is located at 5550 Rivers Ave North Charleston, SC.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: High‑traffic location on Rivers Avenue with excellent visibility and ample on‑site parking.; 22,000 sq ft of space, including a recently renovated showroom (approximately 80% of the total space).; B‑2 General Business District zoning with split‑zoning (internal use: yes) allowing for a wide range of commercial uses.
