1902 Reynolds Avenue, North Charleston, SC 29405 (MLS# 31009613)

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1902 Reynolds Avenue, North Charleston, SC 29405

New Listing

$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

Overview

Description

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 Charl ... (Read more)

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

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

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.