3265 N Carolina Ave - Office FOR SALE


North Charleston, SC 29405
$2,784,000 USD
843-518-5316
3265 N Carolina Ave, North Charleston, SC for Sale
$2,784,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

3265 N Carolina Ave
North Charleston, SC 29405


HIGHLIGHTS

  • Owner-Occupant, Opportunistic Investor, or 1031 Exchange
  • Recent Renovations and Tenant Improvements
  • Income in Place
  • Located in the rapidly transforming Reynolds Avenue district of North Charleston

OVERVIEW

Rare opportunity to purchase one or two Opportunity Zone properties in the highly desirable Charleston, SC MSA. 3265 N. Carolina Avenue is available for sale individually or it can be combined with 1813 Reynolds Ave. as a contiguous portfolio. The portfolio offering is ideal for an owner-occupant seeking additional income and/or an opportunistic investor seeking to capitalize on the favorable opportunity zone benefits offered. Portfolio offers an Owner-Occupant, an opportunistic investor, or 1031 Exchange Seeker up to ±3,503 SF of vacant office space. This presents a move-in option for the owner-occupant with offsetting existing rental income, or a rare, value-add opportunity for the savvy investor. Portfolio comes with recent renovations and tenant improvements - both properties have been significantly improved in recent years. 3265 N Carolina Ave. is approximately 75% leased (office) and 1813 Reynolds Ave. is 100% leased (retail). The properties are in a transformational area which is located in the rapidly developing Reynolds Avenue district of North Charleston.

FOR SALE DETAILS

PRICE

$2,784,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Renovated Multi-Tenant Office Building in OZ

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

B-2

APN/PARCEL ID

469-12-00-041

ASK ABOUT THIS PROPERTY

Scott Peevy, CCIMNAI CharlestonMore Info
843-518-5316

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Scott Peevy, CCIMNAI CharlestonMore Info
843-518-5316

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