Commercial Sale

About this listing

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,” 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.

AREA

5515 Rivers Avenue frontage. Near intersection of Rivers Avenue and Sabal Street. Rear of property is Woodbine Avenue. See survey.