5515 Rivers Avenue Avenue, North Charleston, SC 29406

$3,125,000

Property Type: Commercial Sale Square Footage: 2,400 Status: Active

Current Price: $3,125,000 List Date: 6/14/2023 Last Modified: 5/21/2026

Overview

Description

Imagine owning a strategic development site in one of North Charleston's most industrially capable corridors, just moments from I‑526 and I‑26. This property—comprised of a 2,400 SF existing building plus multiple adjacent parcels totaling ~1.61 acres—is already zoned M‑1 (Light Industrial) and poised for transformational upside. 1. Zoning Power & Flexibility The M‑1 (light industrial) zoning grants broad latitude for industrial, warehousing, logistics, and storage-based uses—the kinds of operations that generate revenue per square foot and remain relatively low risk from a site operations standpoint. Because the property also carries B‑2 / office‑warehouse compatibility, there's added flexibility for hybrid uses (office + light manufacturing or distribution) or attractive interim cash flow options. In many markets, self‑storage (especially climate‑controlled units, drive-up units, RV/boat storage) is considered a ''clean,'' ... (Read more) Imagine owning a strategic development site in one of North Charleston's most industrially capable corridors, just moments from I‑526 and I‑26. This property—comprised of a 2,400 SF existing building plus multiple adjacent parcels totaling ~1.61 acres—is already zoned M‑1 (Light Industrial) and poised for transformational upside. 1. Zoning Power & Flexibility The M‑1 (light industrial) zoning grants broad latitude for industrial, warehousing, logistics, and storage-based uses—the kinds of operations that generate revenue per square foot and remain relatively low risk from a site operations standpoint. Because the property also carries B‑2 / office‑warehouse compatibility, there's added flexibility for hybrid uses (office + light manufacturing or distribution) or attractive interim cash flow options. In many markets, self‑storage (especially climate‑controlled units, drive-up units, RV/boat storage) is considered a ''clean,'' low-maintenance asset class—i.e. a highly compatible use in industrial zones with minimal nuisance or heavy traffic impact. 2. Self‑Storage: Highest & Best Use Case Given its zoning, footprint, and frontage, the property is ideally suited for a self‑storage development. Self‑storage commands strong demand from residential renters, small businesses, and e‑commerce operators. It scales well (stacked units, multiple stories) and is capital-efficient relative to heavier industrial uses. The corridor location gives it visibility, access, and ease of use—key competitive advantages for a storage facility. Because self-storage is relatively passive (no heavy operational complexity, smaller staffing, limited waste streams), it often delivers attractive risk-adjusted returns. Should local codes or permitting require conditional use approval or design compliance (e.g. buffering, façade treatments), these are typically manageable relative to building a more intensive industrial use. (Always confirm with City zoning / planning.) 3. Strategic Location & Market Access Fronting Rivers Avenue, this site benefits from a major arterial route with high visibility and connectivity to the region's transportation network. Near I‑526 and I‑26 junctions means fast access to Charleston, North Charleston, Mt. Pleasant, Summerville, and key industrial nodes. Given scarcity of well-zoned industrial parcels in the greater Charleston metro, this site presents a rare entry into a constrained supply set. It's proximate to both consumer and business density: residential areas, light industrial districts, and commercial corridors converge, generating demand for convenient storage.

Listing Details MLS# 31001228

Location

Street Number: 5515
Street Name: Rivers Avenue
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: 472-07-00-071,050,051,052,,053,054
Opportunity Zone: No

General Information

Property Sub Type: Industrial
Secondary Sub-Type: Office
Tertiary Sub-Type: Retail
Listing Name: 6 MINUTES FROM AIRPORT LIGHT INDUSTRIAL LAND WITH WAREHOUSE. SALE OR LEASE
Building Area Total: 2400
Lot Acres: 1.61
Typical SqFt Per Floor: 2400
Zoning: City of North Charleston - B-2 - General Business District
List Price/Acre: 1940993.79
List Price/SqFt: 1302.08
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2023-06-07
Original List Price: 3125000
Tax Legal Description: INDUSTRIAL WAREHOUSE. M-1 LIGHT INDUSTRIAL

Building Related

Tenancy: Multiple Tenants
General Condition: Excellent
Stories Total: Yes
Year Built: 2007
Year Renovated: 2023
Parking Total: 6
Number Of Buildings: Yes

Land Related

Part of Planned Development?: No
In Flood Plain?: No

Status Change Info

Status Change Date: 2023-06-14

More Information

Auction Details

Auction: No
Auction Type: Absolute

Area and Location

Airports: 14 MINUTE DRIVE TO CHARLESTON INTERNATIONAL AIRPORT
Highway Access: INTERSTATE 526
Property Located Between: RIVERS AVENUE AND WOODBINE AVENUE

Building Detail

X-Phase: 3 PHASE POWER

Directions & Remarks

Directions: 5515 RIVERS AVENUE FRONTAGE. NEAR INTERSECTION OF RIVERS AVENUE AND SABAL STREET. REAR OF PROPERTY IS WOODBINE AVENUE. SEE SURVEY.
Public Remarks: Imagine owning a strategic development site in one of North Charleston's most industrially capable corridors, just moments from I‑526 and I‑26. This property—comprised of a 2,400 SF existing building plus multiple adjacent parcels totaling ~1.61 acres—is already zoned M‑1 (Light Industrial) and poised for transformational upside. 1. Zoning Power & Flexibility The M‑1 (light industrial) zoning grants broad latitude for industrial, warehousing, logistics, and storage-based uses—the kinds of operations that generate revenue per square foot and remain relatively low risk from a site operations standpoint. Because the property also carries B‑2 / office‑warehouse compatibility, there's added flexibility for hybrid uses (office + light manufacturing or distribution) or attractive interim cash flow options. In many markets, self‑storage (especially climate‑controlled units, drive-up units, RV/boat storage) is considered a ''clean,'' low-maintenance asset class—i.e. a highly compatible use in industrial zones with minimal nuisance or heavy traffic impact. 2. Self‑Storage: Highest & Best Use Case Given its zoning, footprint, and frontage, the property is ideally suited for a self‑storage development. Self‑storage commands strong demand from residential renters, small businesses, and e‑commerce operators. It scales well (stacked units, multiple stories) and is capital-efficient relative to heavier industrial uses. The corridor location gives it visibility, access, and ease of use—key competitive advantages for a storage facility. Because self-storage is relatively passive (no heavy operational complexity, smaller staffing, limited waste streams), it often delivers attractive risk-adjusted returns. Should local codes or permitting require conditional use approval or design compliance (e.g. buffering, façade treatments), these are typically manageable relative to building a more intensive industrial use. (Always confirm with City zoning / planning.) 3. Strategic Location & Market Access Fronting Rivers Avenue, this site benefits from a major arterial route with high visibility and connectivity to the region's transportation network. Near I‑526 and I‑26 junctions means fast access to Charleston, North Charleston, Mt. Pleasant, Summerville, and key industrial nodes. Given scarcity of well-zoned industrial parcels in the greater Charleston metro, this site presents a rare entry into a constrained supply set. It's proximate to both consumer and business density: residential areas, light industrial districts, and commercial corridors converge, generating demand for convenient storage.

Property Sub Type

Industrial: Yes
Office: Yes
Retail: Yes

Existing Lease Type

Other: Yes

Roof

Aluminum: Yes

Current Use

Other: Yes

Special Listing Conditions

Real Estate Owned: Yes

Structure Type

Flex: Yes
Free Standing: Yes
Industrial: Yes
Mixed Use: Yes
Office: Yes
Retail: Yes

Construction Materials

Metal Siding: Yes

Parking Type

Surface: Yes

Heating

Central: Yes

Cooling

Central Air: Yes

Lighting

Fluorescent: Yes
LED: Yes

Lot Features

Level: Yes

Road Frontage Type

City Street: Yes
Highway: Yes
Interchange: Yes
Interstate: Yes

Road Surface Type

Gravel: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Listing Terms

Cash: Yes
Lease Option: Yes

Property Features

Property Sub Type: Industrial; Office; Retail Current Use: Other Special Listing Conditions: Real Estate Owned Structure Type: Flex; Free Standing; Industrial; Mixed Use; Office; Retail Existing Lease Type: Other Roof: Aluminum Construction Materials: Metal Siding Parking Type: Surface Heating: Central Cooling: Central Air Lighting: Fluorescent; LED Lot Features: Level Road Frontage Type: City Street; Highway; Interchange; Interstate Road Surface Type: Gravel Water Source: Public Sewer: Public Sewer Listing Terms: Cash; Lease Option

Documents

Verification Letter ›

Marketing Package ›

Building Floor Plan ›

Survey ›

Zoning ›

Listing Office: Coldwell Banker Comm/Atlantic

Last Updated: May - 21 - 2026

Broker Attribution: 8437449877

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5515 Rivers Avenue Avenue, North Charleston, SC 29406 (MLS# 31001228)