Rare opportunity to purchase one or two Opportunity Zone properties in the highly desirable Charleston, SC MSA. 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
Year Built: 1980
County: Charleston
Land Size: 0.19
Title: Rare Opportunity to Purchase 1 or 2 Opportunity Zone Properties in Charleston MSA
Second Property Subtype: Retail
Zoning: City of North Charleston - B-
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: 1031 Exchange, Cash, Conventional
Property Type: A
Original Price: $1,166,000
Property Use Type: Commercial, Other, Retail, See Remarks
Class Type: Retail
Rentable Area: 4736
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office NAI Charleston, LLC