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3265 N Carolina Ave
North Charleston, SC 29405
Renovated Multi-Tenant Office Building in OZ · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Owner-Occupant, Opportunistic Investor, or 1031 Exchange
- Income in Place
- Recent Renovations and Tenant Improvements
- Located in the rapidly transforming Reynolds Avenue district of North Charleston
EXECUTIVE SUMMARY
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 ±6,068 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 57% 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,278 SF
Building Class
B
Year Built/Renovated
1970/2020
Price
$2,784,000
Price Per SF
$194.99
Percent Leased
57%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,139 SF
Building FAR
0.78
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
B-2 - General Business District, City of North Charleston
Parking
4 Spaces (0.28 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Fenced Lot
- Signage
PROPERTY TAXES
| Parcel Number | 469-12-00-041 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $77,820 |
PROPERTY TAXES
Parcel Number
469-12-00-041
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$77,820
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