Charleston Assisted Living | Undersupplied Market
- Single-story senior living asset on 3.4 acres in James Island, Charleston County, SC.
- Delivered vacant and unencumbered, allowing a buyer to reprogram operations without a legacy lease.
- Site sits six miles from downtown Charleston with access via SC Highway 171 and US Route 17.
- MUSC Medical Center is a 15-minute drive; an HCA freestanding ER serves James Island itself.
- Only 105 competitive AL units exist within five miles against 2,792 income-qualified seniors.
- Property conveys as-is via auction on November 4, 2026, with no assumed financing or management.
Property Description
In Association with Scott Reid & Parasell, Inc. A Licensed South Carolina Broker #23763 Brokered by SVN | Senior Living Advisors and powered by RealINSIGHT Marketplace, 1501 Secessionville Road in James Island, South Carolina is a 39-unit, one-story former assisted living community offered vacant and free of debt. Built in 1998 on 3.4 acres totaling approximately 27,868 square feet, the property previously operated as licensed assisted living and now conveys with no in-place operations, giving a buyer full control to reposition, re-license, or reprogram the community without inheriting existing staffing, census, or management obligations. The James Island trade area supports the thesis: within five miles, 2,792 seniors aged 75-plus are income-qualified for assisted living against only 105 competitive AL units, and median household income runs $116,250. The site sits roughly six miles from downtown Charleston with connectivity via SC Highway 171 and US Route 17, minutes from MUSC Health's academic medical center and an on-island HCA freestanding emergency room. The asset will be sold fee simple, as-is, via a November 4, 2026 auction on RIMarketplace.com, with 10% non-refundable earnest money due at contract execution and no post-auction contingencies.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Auction |
| Property Types: | Senior Housing |
| Price: | $300,000 |
| No. of Units: | 39 |
| Lot Size: | 3.40 Acres |
| Opportunity Zone: | No |
| Price per unit: | $7,692 |
| Property Website | Click Here |
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout