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5418-5422 Rivers AVE North Charleston, SC 29406
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 31008020
Property Sub-Type Retail
Property Description
Charleston Commercial, on behalf of ownership, is pleased to exclusively offer 5418-5422 Rivers Ave to qualified Buyers. The offering is a retail strip center on the busy commercial corridor of Rivers Avenue in North Charleston. The property has over 100' of frontage on Rivers Ave as well as prominent double height pylon signage. The building consists of four suites with two of the suites currently Leased to Charleston Injury & Rehab and Bad Boyz Bail Bonds, equating to 48% occupancy. The other two suites are newly renovated and in great condition for an owner occupant to stabilize or for an investor to lease up. The vacant suites (1,436 sf & 2,017 sf) offer flexible size ranges for an owner to stabilize the property as well as the opportunity for an owner to capitalize on Owner Operator financing by occupying 50% + of the property. The property is positioned along one of North Charleston's busiest commercial corridors and located within a 1/2 mile of I-526/I-26 and 1.5 miles from both Park Circle and Charleston International Airport. This central location allows for efficient access to all parts of the Charleston MSA. Ownership has recently upgraded the property in recent years, including a new roof, HVAC's, and complete renovation of Suite B. The opportunity allows for an investor to come in and lease up the balance, or for an operator to quickly stabilize the asset and enjoy the multi-tenant cash flow.
Location
State SC
County Charleston
Zoning City of North Charleston - B-2 - General Business District
Listed by Joshua Schaap • Charleston Commercial
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