2045 Hampton Ave North Charleston, SC 29405
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.