5019 Rivers Ave, North Charleston, SC 29406

$500,000

Property Description

Great investment value added opportunity centrally located on Rivers Ave (Hwy 52), close to the intersection with I-526 (Mark Clark Expressway) and just one exit to I-26/I-526 interchange and two exits to the Boeing plant. Property is set up as an automobile repair center featuring 2 buildings consisting of 5141 total square feet with 7 service bays, office space and waiting room. 25 Year tenant in place paying under market rent of $2500/month making the cap rate at 5% after expenses. Tenant is month to month so it is a great opportunity for new owner to negotiate different terms or to owner occupy if they choose. Tenant is running a busy successful business so please don't contact the tenant or their customers. Tenant owns all the equipment in both buildings and is not included in the sale of the property. Sellers have priced the property for a quick sale to sell as is.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of .