5500 Rivers Avenue, North Charleston, SC 29406
$700,000
Property Type:
Commercial Sale
Square Footage:
1,500
Status:
Active
Current Price:
$700,000
List Date:
10/26/2023
Last Modified:
11/08/2023
Description
Large approximate 0.66 acre hard corner parcel located on the intersection of Rivers Avenue and Renneau Avenue. High profile location with excellent visibility and a great monument sign on Rivers Avenue. The property was a former bank that has four access points and a drive-thru with double lanes. The approximate 1,500 sf building is situated on the middle of the property (see attached aerials) and there is additional land for more commercial space. Parcel is zoned B-2 in the City of North Charleston which allows for many uses. This building sets up nicely for a coffee shop, a restaurant, an office, or another bank. The building has been in use as an insurance office for many years and has been well maintained. The original walk-in safe is still in place. The current office tenant will vacate at the end of 2023.
More Information MLS# 31002061
Location
Street Number: 5500
Street Name: Rivers
Street Suffix: Avenue
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 32 - N.Charleston, Summerville, Ladson, Outside I-526
State or Province: SC
Postal Code: 29406
Parcel Number: 472-08-00-094
Opportunity Zone: No
General Information
Status: Active
Property Sub Type: Retail
Secondary Sub-Type: Office
Listing Name: Commercial Sale Former Bank Building
Is Condo?: No
Property Condition: Existing
Building Area Total: 1500
Lot Acres: 0.66
Zoning: City of North Charleston - B-2 - General Business District
Anchored?: No
List Price/Acre: 1060606.06
List Price/SqFt: 466.67
Contract Information
Listing Contract Date: 2023-10-25
List Price: $700,000
Original List Price: 700000
Tax Legal Description: N E Cor Hwy 52 & Renneau St
Current Price: $700,000
Building Related
Stories Total: 1
Year Built: 1968
Number Of Buildings: 1
Land Related
Part of Planned Development?: No
In Flood Plain?: No
Financials
Tax Assessed Value: 23360
Directions & Remarks
Public Remarks: Large approximate 0.66 acre hard corner parcel located on the intersection of Rivers Avenue and Renneau Avenue. High profile location with excellent visibility and a great monument sign on Rivers Avenue. The property was a former bank that has four access points and a drive-thru with double lanes. The approximate 1,500 sf building is situated on the middle of the property (see attached aerials) and there is additional land for more commercial space. Parcel is zoned B-2 in the City of North Charleston which allows for many uses. This building sets up nicely for a coffee shop, a restaurant, an office, or another bank. The building has been in use as an insurance office for many years and has been well maintained. The original walk-in safe is still in place. The current office tenant will vacate at the end of 2023.
Status Change Info
Status Change Date: 2023-10-26
Auction Details
Auction: No
Property Features
Property Sub Type: Office; Retail
Structure Type: Free Standing
Lot Features: Level
Road Frontage Type: City Street
Road Surface Type: Paved
Water Source: Public
Sewer: Public Sewer
Documents
Zoning ›Listing Office: Beach Commercial, A Division of The Beach Company
Last Updated: November - 08 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Properties marked with IDX logo are provided courtesy of South Carolina Commercial Multiple Listing Service, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Carolina Commercial Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.