1535 Hobby St - Office FOR SALE


North Charleston, SC 29405
$9,900,000 USD
843-566-5510
1535 Hobby St, North Charleston, SC for Sale
$9,900,000 USD
Office - FOR SALE
1/3
null | Request Cap Rate

1535 Hobby St
North Charleston, SC 29405


HIGHLIGHTS

  • Central regional and Navy Yard CHS location.
  • Over $1.5B infrastructure improvements within 1-mile of the property including new Cosgrove overpass.
  • Historic architectural features.
  • Current rent roll conducive to owner/user or investor looking to reposition property for the future.

OVERVIEW

Lowcountry Innovation Center (LIC) is centrally located in the historic NH 68 building in the Navy Yard. Originally built in the 1940s, today, the building provides a balanced combination of historic character and modern, attractive workspaces. LIC offers a compelling value proposition for an Owner Occupant or Investor acquisition seeking to reposition the property for the future. The property will see immediate accessibility improvements when the new Cosgrove overpass is completed in May 2025. Given that the entire complexion of the Navy Yard is poised to drastically improve, LIC will be positioned as a prime asset. A variety of space configurations from executive suites to larger offices at 4,600 s.f. up to 8,300 s.f. are available presenting an opportunity for an owner to occupy the building immediately and expand into leased spaces as they become available. Ample parking, building amenities and flexibility are but a few of the LIC attributes. Perfect for professional services, creative business users or start ups, LIC is a rare opportunity to purchase a move-in ready office building in the Navy Yard. Park Circle's restaurants, shops and breweries are within a mile of the building. Centrally located with easy access to the port, 526, I26, downtown Charleston and other regional municipalities

FOR SALE DETAILS

PRICE

$9,900,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lowcountry Innovation Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1943

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

2.66 AC

LAND SF

115,870 SF

ZONING

N/AV

APN/PARCEL ID

400-00-00-066

ASK ABOUT THIS PROPERTY

Anne LawlessCityvolve Commercial Realty, LLCMore Info
843-566-5510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Anne LawlessCityvolve Commercial Realty, LLCMore Info
843-566-5510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.