Redevelopment Opportunity For Sale
$4,750,000
5550 and 5528 Rivers Avenue, North Charleston, SC 29406
25,485 sqft
Building Size
1.17 acres
Lot Area
Details:
Description:
Located in the vibrant city of North Charleston, the property is surrounded by a diverse and dynamic community. Just minutes away from the Northwoods Mall, shoppers and visitors can enjoy a wide array of retail options and dining experiences. Nearby, the Charleston Area Convention Center hosts a variety of events and conferences, drawing in a steady flow of potential customers. With easy access to major highways and thoroughfares, this bustling location offers high visibility for retail and street retail investors seeking to capitalize on the area's energetic atmosphere. Potential tenants will find ample opportunity to establish their presence in this thriving neighborhood.
This is a rare opportunity to acquire a highly visible commercial asset on busy Rivers Avenue in the City of North Charleston, available for the first time in over 60 years. The offering includes the iconic Dixie Furniture Building totaling approximately 22,000 square feet, along with an additional 3,485 SF office building—providing flexibility for a wide range of users, investors, or redevelopment opportunities. The main building features a recently renovated showroom comprising approximately 80% of the space, complemented by 20% well-maintained warehouse space. The additional 3,485 SF office building offers fully conditioned space ideal for professional services, medical, or legal use. Situated on approximately 0.76 acres, the property also includes ample on-site parking and benefits from exceptional frontage along one of North Charleston’s busiest commercial corridors. Zoned B-2 (General Business District) the property offers significant flexibility for a variety of commercial uses and future redevelopment potential. An adjacent 0.41-acre parcel with a 3,485 SF building is also available and may be combined to create a larger footprint for expanded use or redevelopment. Additionally, with the potential demolition of 5528 Rivers Avenue, 5550 Rivers Avenue could be significantly enhanced through the addition of expanded parking, further increasing accessibility and overall site functionality. With outstanding visibility, high traffic counts, and a strategic location, this property is ideal for a variety of uses including retail showroom, professional office, medical or legal services, call center, entertainment venue, trade or beauty school, indoor storage, or mixed-use redevelopment. This offering presents a unique opportunity to secure a legacy property in one of North Charleston’s most active and evolving commercial corridors.
Listing ID: 0ba33632-0e9d-4b1d-b64f-9204d8fd96cc
Documents:
| Title | ||
|---|---|---|
| Ben-Redevelopment Opportunity (1).pdf |
Location
Gallery
