5012 Rivers Ave North Charleston, SC 29406-6304
This exceptional 1,479 square foot executive office building, situated on a 0.63-acre lot in North Charleston, South Carolina, presents a compelling investment opportunity. Currently configured as a convenience store/bar/restaurant, the property offers significant redevelopment potential. The building boasts 130 feet of frontage on Rivers Avenue and a depth of approximately 208 feet, providing ample space for various uses. Its strategic location just down from the existing MUSC facility on Rivers Avenue and near the upcoming Roper Hospital facility on Mall Drive ensures high visibility and accessibility. The seller will vacate the premises upon closing, making it immediately available for the new owner. This property offers a unique chance to capitalize on a prime location in a rapidly growing area. Furthermore, a contiguous site next door, located at the corner of Rivers Avenue and Fuller Street, is also available for purchase, presenting an opportunity to expand the footprint of the development. The property's zoning and potential uses should be verified independently. The asking price for this exceptional property is $600,000.
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.