5550 Rivers Ave - Freestanding FOR SALE


Charleston, SC 29406
$4,250,000 USD
843-744-9877
5550 Rivers Ave, Charleston, SC for Sale
$4,250,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

5550 Rivers Ave
Charleston, SC 29406


HIGHLIGHTS

  • Upper 52-78 Overlay District, enhancing its potential for redevelopment and expansion opportunities.
  • Located on high-traffic Rivers Avenue in North Charleston

OVERVIEW

First Time Available in 60 Years! Iconic Dixie Furniture Building on Rivers Avenue This is a rare opportunity to own the renowned Dixie Furniture Building, available for the first time in six decades. The property features 22,000 square feet of space, including a recently renovated showroom (approximately 80% of the total space) and well-maintained warehouse space (20%). Positioned on 0.75 acres, the site falls under the B-2 General Business District zoning and is split-zoned (internal use: yes), offering exceptional flexibility for a wide range of commercial uses. It also lies within the Upper 52-78 Overlay District, enhancing its potential for redevelopment and expansion opportunities. Located on high-traffic Rivers Avenue in North Charleston, the site benefits from excellent visibility, top-tier daily traffic counts, and ample on-site parking. An adjacent 0.33-acre parcel with a 4,000 SF building is also available and may be combined with the main property for an even larger footprint or more ambitious redevelopment plans. Ideal for a Variety of Uses: Furniture or Retail Showroom, Entertainment Venue, Beauty or Trade School, Call Center or Professional Office, Indoor Car Storage Facility, Mixed-Use Redevelopment This property represents a unique investment opportunity in a thriving commercial corridor—perfect for business owners, developers, or investors looking to capitalize on Rivers Avenue's visibility and zoning flexibility.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

B-2

APN/PARCEL ID

472-08-00-099

ASK ABOUT THIS PROPERTY

Benjamin ChaseColdwell Banker Commercial AtlanticMore Info
843-744-9877

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Benjamin ChaseColdwell Banker Commercial AtlanticMore Info
843-744-9877

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