1910 Mcmillan Ave, North Charleston, SC 29405
This exceptional 13,000-square-foot retail building, situated on 0.94 acres at 1910 McMillan Avenue in North Charleston, South Carolina (zip code 29418), presents a compelling investment opportunity. The property, built in 2022 and boasting a completely new roof, is zoned B-2 General Business by the City of North Charleston, allowing for diverse uses. Recent renovations totaling $546,000 include significant fixtures, finishes, and tenant improvements. The building features 15 rooms, including 8 for children under 30 months and 6 for older children, plus an auditorium. It also includes an ADT security system. The property benefits from its strategic location in a rapidly growing area near the Charleston Naval Base and Shipyard, adjacent to a proposed Low Country Rapid Transit terminal, and along a key corridor connecting Cosgrove and Rivers Avenues. This prime location is part of a planned mixed-use development incorporating retail, office, residential, and green spaces. While previously operating as a daycare with a DSS license (for two-year-olds), and a capacity of 300 children (with a historical maximum of 189), the flexible zoning allows for various business ventures. The sale includes a website and eight employees may be willing to continue their employment. The building and business are insured for $2 million. The property's APN is 469-07-00-007. This is an ideal opportunity for an investor seeking high-growth potential in a dynamic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.