$1 Auction - Former Zips Car Wash | 35K VPD 3955 Ashley Phosphate Rd Immeuble | 468 m² | Spécialité | À vendre 129 430 € | Charleston, SC 29418

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building with an adjacent car wash located at 3955 Ashley Phosphate Road in North Charleston, South Carolina 29418 (the “Property”). Previously occupied by Zips Car Wash, the Property is being offered significantly below replacement cost, presenting an attractive acquisition opportunity for owner-users and investors seeking a well-located commercial asset with meaningful value-add potential. FIRST BID MEETS RESERVE!
Originally constructed in 2007, the Property consists of a one-story, free-standing building totaling ±5,039 square feet, featuring a retail/service space with an attached automatic car wash. The site also includes six (6) covered open-ended car wash bays and an ice vending machine, providing additional operational flexibility. Situated on a ±1.498-acre parcel (±65,234 SF), the Property offers strong functionality with 32 surface parking spaces and convenient access via two points of ingress and egress along Ashley Phosphate Road and Hanniford Drive. Zoned “I” Industrial by Dorchester County, the site allows for a variety of commercial uses, providing long-term flexibility for repositioning or re-tenanting. This former Zips Car Wash represents a compelling opportunity to capitalize on the strong fundamentals of the North Charleston market and provides the potential for substantial value creation through adaptive re-use or lease-up at market rates, making it an attractive investment for both users and investors focused on growth and adaptability. According to CoStar, retail rents in the area range from approximately $18 to $21 per square foot NNN, supporting the potential for significant value-add through lease-up or adaptive reuse in one of the fastest-growing regions in the Southeast.
North Charleston has experienced significant population and economic growth in recent years and has emerged as one of the Charleston region’s primary commercial and employment centers. The Property is strategically positioned along Ashley Phosphate Road, one of North Charleston’s primary commercial corridors with nearly 36,000 vehicles per day (VPD) passing the site, and offers convenient access to Interstate 26, which carries more than 165,000 VPD and provides direct connectivity throughout the Charleston metropolitan area. The surrounding area features a strong concentration of national retailers, restaurants, and service providers that generate consistent daily traffic and support a stable consumer base. The market is further strengthened by a dense employment corridor anchored by major regional employers including Charleston International Airport (±5-Mi), Joint Base Charleston (±6-Mi), and Boeing’s 787 Dreamliner manufacturing campus (±7-Mi),which collectively support thousands of jobs and drive economic activity throughout the area. Within a ±3-Mi trade area, the population totals ±57,496 residents with an average household income (AHHI) above ±$100K, while the ±5-Mi trade area expands to ±130,386 residents with an AHHI of ±$95,137. With its combination of dense residential neighborhoods, major employment drivers, and strong regional accessibility, the Property is well positioned to capture demand from both local residents and the broader Charleston metropolitan market.