1902 Reynolds Avenue, North Charleston, SC 29405
$1,000,000
Property Type:
Commercial Sale
Square Footage:
2,578
Status:
Active
Current Price:
$1,000,000
List Date:
10/07/2026
Last Modified:
10/07/2026
Listing Details MLS# 31009613
Location
- Street Number
- 1902
- Street Name
- Reynolds
- Street Suffix
- Avenue
- County
- Charleston
- Nearest MSA
- Charleston-North Charleston, SC
- Submarket/Township
- 31 - North Charleston Inside I-526
- State or Province
- SC
- Postal Code
- 29405
- Parcel Number
- 469-08-00-002
- Opportunity Zone
- Yes
General Information
- Property Sub Type
- Retail
- Listing Name
- ±2,578 SF freestanding Retail/Convenience Store
- Building Area Total
- 2578
- Lot Acres
- 0.11
- Zoning
- City of North Charleston - B-2 - General Business District
- Anchored?
- No
- List Price/Acre
- 9090909.09
- List Price/SqFt
- 387.9
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2026-10-06
- Original List Price
- 1000000
- Tax Legal Description
- Lt N
Building Related
- Tenancy
- Single Tenant
Land Related
- In Flood Plain?
- No
Financials
- Tax Assessed Value
- 46690
More Information
Status Change Info
- Status Change Date
- 2026-10-07
Auction Details
- Auction
- No
Directions & Remarks
- Public Remarks
- 1902 Reynolds Avenue is a ±2,578 SF freestanding Retail/Convenience store. This property presents an investment opportunity offering a stable, long-term income stream with a 10-year lease in place through August 31, 2032, providing approximately six years of remaining term at a current rental rate of $5,500 per month. The lease includes two five-year renewal options, offering the potential for occupancy through 2042, with 10% rental increases to $6,050 and $6,655 per month, respectively. The lease structure provides limited landlord responsibilities, with the tenant responsible for utilities and nearly all maintenance and repairs. The combination of contractual rent growth, long-term occupancy potential, and minimal ownership obligations makes the property an attractive opportunity for investors seeking durable cash flow. Strategically located along Reynolds Avenue, an established commercial corridor in North Charleston, near the highly desirable Park Circle area and former Charleston Naval Base.
Property Sub Type
- Retail
- Yes
Existing Lease Type
- NNN
- Yes
Current Use
- Commercial
- Yes
- Residential
- Yes
Structure Type
- Free Standing
- Yes
- Retail
- Yes
Parking Type
- Surface
- Yes
Lot Features
- Level
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Property Features
Property Sub Type:
Retail
Current Use:
Commercial; Residential
Structure Type:
Free Standing; Retail
Existing Lease Type:
NNN
Parking Type:
Surface
Lot Features:
Level
Road Frontage Type:
City Street
Road Surface Type:
Paved
Documents
Flyer ›
Listing Office:
NAI Charleston, LLC
Last Updated: October - 07 - 2026
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