Property profile

2045 Hampton Ave North Charleston, SC 29405

OFF-MARKET
Retail properties & Spaces
1,900 SF 0.09 ac lot Built 1980
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Property summary

AI-generated overview

This fee-simple, 1,900 square foot storefront property in North Charleston, South Carolina, presents a compelling value-add investment opportunity. Located on Hampton Avenue, this property boasts a prime location less than five miles from the Magnolia Development Project and the North Charleston Naval Shipyard Redevelopment Project, ensuring significant future growth and appreciation. The building, constructed in 1980, features a converted music recording studio in the rear and a house in the front, offering versatile usage potential. Zoned B-1, it's suitable for various commercial applications, including office space, light retail, or continued operation as a recording studio. The existing studio equipment is negotiable as part of the sale, providing immediate value for buyers in the music industry. The 0.09-acre lot offers ample space, and the asking price is $750,000 ($394.74 per square foot). This distressed sale presents a unique chance to capitalize on North Charleston's thriving economic climate and substantial redevelopment efforts. The property's strategic location, flexible layout, and potential for diverse uses make it an attractive investment for both seasoned and emerging entrepreneurs. The property's APN is 466-08-00-395. This turnkey operation offers immediate income potential and long-term growth prospects in a rapidly developing area. The property is a single-unit building.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1980
Total area 1,900 SF
Lot 0.09 ac (3,920 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Recording Studio

Location

2045 Hampton 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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