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 A+/-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.
Anchored: No
County: Charleston
Land Size: 0.62
Title: Rare Opportunity to Purchase 1 or 2 Opportunity Zone Properties in Charleston MSA
Second Property Subtype: Office
Zoning: City of North Charleston - B-
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: 1031 Exchange, Cash, Conventional
Property Type: A
Original Price: $2,809,000
Property Use Type: Commercial, Office, Other, See Remarks
Class Type: Office
Rentable Area: 14278
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office NAI Charleston, LLC