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2728 Spruill Avenue 2728 Spruill Ave 16,026 SF 100% Leased Industrial Building North Charleston, SC 29405 $4,500,000 ($280.79/SF)



EXECUTIVE SUMMARY
This property is located in an excellent central location in lower North Charleston for access to the former Naval Shipyard, North Charleston, and Downtown Charleston. Centrally located for businesses serving the Tri-County area. This is a 2.67-acre parcel consisting of approximately 16,26sf of buildings. The main office is approximately 3,000sf with 8 Offices, Conference Room, Kitchenette, Reception Area, Foyer/Waiting Area, 3 Bathrooms, Safe Room, Electrical/IT Room, and 4 Storage Closets. There are 4 modular office units connected to the main office building totaling approximately 3,036sf. The Modular Offices have been recently painted and carpets replaced/cleaned as needed. In addition, there is an approximate 8,400sf warehouse and 1,600sf warehouse on the property. The remainder of the property is used for parking or storage yards. The property is zoned M-2 Heavy Industrial in the City of North Charleston. All tenants are short term tenants with a year or less on their respective leases. This is an ideal property for an owner/occupant or redevelopment. Buildings also available for lease at at the following terms: 1. 3,000sf Office: $15.00/sf NNN 2. Modular Office: $350.00/month Gross
PROPERTY FACTS
| Price | $4,500,000 | Lot Size | 2.67 AC |
| Price Per SF | $280.79 | Rentable Building Area | 16,026 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1980 |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | M-2 - City of North Charleston - M-2 - Heavy Industrial District | ||
| Price | $4,500,000 |
| Price Per SF | $280.79 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 2.67 AC |
| Rentable Building Area | 16,026 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Opportunity Zone |
Yes |
| Zoning | M-2 - City of North Charleston - M-2 - Heavy Industrial District |
1 1
PROPERTY TAXES
| Parcel Number | 466-04-00-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $30,000 |
PROPERTY TAXES
Parcel Number
466-04-00-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$30,000
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