Rivers Ave Corner .74 Acres Income or Redevelopment
Retail-Commercial
for Sale
| Catylist Listing ID: |
30757995 |
| Property Subtypes: |
Free-Standing Building, Street Retail
|
| Building Size (RSF): |
7,789 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.74 Acres
|
| Sale Price: |
$2,000,000 |
| Unit Price: |
$256.77 PSF |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/23/2022 |
Overview / Comments
|
5351 Rivers Ave and 2102 James Bell Dr combine for an excellent opportunity to redevelop this .74 acre corner with 200 feet of frontage. Or they can be leased long term for investment. Just 1/4 of a mile from I526, Mark Clark Expressway and then 1/2 mile from I26; approx. 34k VPD. The 5175 sf building is leased month to month. The 2614 sf building has a new insulated roof, new overhead door and entry door; on a lease expiring Mar 2023. Properties are offered as a package.
|
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
32 - N.Chas./Summerville outside I-526 |
| Tax ID/APN: |
4721000062 and 4721000064 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
I 526 |
| Feet of Frontage: |
200 |
| Traffic/Vehicle Count: |
34,000 |
| Highway Access: |
Mark Clark Expressway I526 |
| Airports: |
Charleston International Airport |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Year Built: |
1980 |
| Lot Frontage: |
200 ft |
| Lot Depth: |
173 ft |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,266 |
55,590 |
123,645 |
| Median Age: |
32.49 |
33.27 |
33.74 |
| Households: |
3,493 |
21,454 |
48,296 |
|
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