Property profile

3835 Rivers Ave North Charleston, SC 29405

OFF-MARKET
Retail properties & Spaces
4,984 SF 0.51 ac lot Built 1989
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Property summary

AI-generated overview

This exceptional investment opportunity presents two buildings totaling 4,984 square feet situated on a 0.51-acre lot in North Charleston's desirable Park Circle area. The main building, a 3,264 square foot office space, features twelve private offices, a break room, laundry room, and two bathrooms. With 34 parking spaces, this building will be vacant upon sale, offering immediate flexibility for the new owner. The second building, a 1,720 square foot retail space, benefits from an existing lease, providing immediate rental income. Both buildings are situated on a single lot, offering significant potential for redevelopment or expansion. The property is zoned B-2, General Business District, within the Rivers Avenue South overlay district, allowing for a variety of uses. Built in 1989, this Class B property is priced at $1,625,000 and presents a compelling opportunity for investors seeking a strong return in a thriving South Carolina market. Further details are available upon request.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1989
Total area 4,984 SF
Lot 0.51 ac (22,216 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3835 Rivers Ave North Charleston, SC 29405
North Charleston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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