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    6150 Rivers Ave North Charleston, SC 29406

    Sponsored
    For Sale
    $1,150,000

    North Charleston Restaurant, High Traffic Location

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a freestanding restaurant building at 6150 Rivers Ave, North Charleston, SC 29406. The 2,400 square foot building sits on a 0.96-acre lot and boasts 41 parking spaces, a significant advantage in a high-traffic area. Constructed in 1978, the masonry building features a hood system, grease trap, walk-in cooler and freezer, and ADA-compliant restrooms. Currently occupied by Nicks Gyros and Phillys under a NNN lease expiring December 30, 2024, with two five-year renewal options at market rate. The property's prime location on Rivers Avenue offers excellent visibility and accessibility, with convenient access from I-26 and I-526. The substantial parking, coupled with the adjacent extra land, provides ample space for customers and potential expansion. This successful, established tenant makes this a strong investment with significant upside potential. The asking price is $1,150,000. This is a rare opportunity to acquire a well-located, established restaurant property with a strong tenant and significant growth potential.

    Property Features for 6150 Rivers Ave

    General Information

    Property type
    Restaurants
    Square Feet
    2,400 SF

    Building Details

    Year Built
    1978

    HighLights

    • 2,400 SF Building
    • 41 Parking Spaces
    • Lease Expiration: 12/31/2024
    • Two 5‑Year Lease Options
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    North Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.021725
    Latitude
    32.9078147

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    FAQs

    What type of property is this?
    Restaurant - North Charleston Restaurant, High Traffic Location
    Where is this restaurant located?
    The property is located at 6150 Rivers Ave North Charleston, SC.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 2,400 SF Building; 41 Parking Spaces; Lease Expiration: 12/31/2024
    Request Owner's contact information
    6150 Rivers Ave North Charleston, SC 29406
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    North Charleston, SC 29406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6150 Rivers Ave North Charleston, SC 29406
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