5880 Rivers Avenue, North Charleston, SC 29406
$2,700,000
Property Type:
Commercial Sale
Square Footage:
6,800
Status:
Active
Current Price:
$2,700,000
List Date:
11/11/2025
Last Modified:
6/16/2026
Listing Details MLS# 31004951
Location
- Street Number
- 5880
- 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
- 472-03-00-111
- Opportunity Zone
- No
General Information
- Property Sub Type
- Office
- Secondary Sub-Type
- Special Purpose
- Listing Name
- 100% Leased Medical Office Investment Property For Sale at 6.4% Cap Rate
- Is Condo?
- No
- Property Condition
- Existing
- Number of Units Total
- Yes
- Building Area Total
- 6800
- Lot Acres
- 1.02
- Zoning
- City of North Charleston - B-2 - General Business District
- Property Visibility
- Excellent
- List Price/Acre
- 2647058.82
- List Price/SqFt
- 397.06
- For Comp Purposes Only
- No
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2024-11-11
- Original List Price
- 2850000
Building Related
- Stories Total
- 2
- Year Built
- 2007
- Year Renovated
- 2023
- Parking Total
- 30
- Number Of Buildings
- Yes
Land Related
- Part of Planned Development?
- No
- In Flood Plain?
- No
Status Change Info
- Status Change Date
- 2025-11-11
More Information
Auction Details
- Auction
- No
Directions & Remarks
- Public Remarks
- 6.4% cap rate! Fully Leased Medical and Office Building available for sale with great access and visibility from Rivers Ave (37,800 vehicles per day and future Lowcountry Rapid Transit Route). The 2-story building is approximately 6,800 SF and sits on 1.02 AC. The back parking lot allows for ample parking (approximately 30 spaces) under magnificent live oaks. Year 1 Net Operating Income is $172,439. The first floor is approximately 4,200 SF of medical office that was renovated in 2022. First floor is owner occupied, inquire for lease terms. The first floor consists of an oversized waiting room, 10 exam rooms, 4 restrooms, 8 offices, nurses' stations, reception, check out, and storage room. There is access to the second floor from the first floor and a future elevator shaft (no elevator at present). See attached floor plan. The second floor is approximately 2,600 SF and is occupied by a law firm with a long-term lease in place. The second floor was recently renovated in 2023 and has its own exterior gated private entrance which leads into the stairwell, with great natural light from the oversized window, up to the second floor. Upon reaching the top of the stairs, you enter a large lobby and break room. The rest of the layout consists of 5 private offices, a large conference room, 2 bathrooms, and 8 dormer closets that are built out to full ceiling height, contain their own windows, and have AC and lighting. Additionally, there are two unconditioned attic spaces (not included in SF). Most all of the offices have windows. The property is in close proximity to I-26. The premises is highly secure, with a gated second floor entry area, video surveillance around the exterior of the property, and a separate alarm system in place for first and second floor. Active Leases in place. Do NOT approach business or employees.
Property Sub Type
- Office
- Yes
- Special Purpose
- Yes
Existing Lease Type
- Other
- Yes
Current Use
- Commercial
- Yes
- Investment
- Yes
- Medical/Dental
- Yes
- Office
- Yes
Structure Type
- Free Standing
- Yes
Parking Type
- Surface
- Yes
Property Features
Property Sub Type:
Office; Special Purpose
Current Use:
Commercial; Investment; Medical/Dental; Office
Structure Type:
Free Standing
Existing Lease Type:
Other
Parking Type:
Surface
Documents
Floor Plan ›
Listing Office:
Carolina One Commercial Real E
Last Updated: June - 16 - 2026
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