Catylist ID:
#30216596
Condo & Commercial Development Site
Retail-Commercial
for Sale
Also listed as Office, Multi-Family
| Catylist Listing ID: | 30216596 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other |
| Building Size (RSF): | 20,162 SF |
| Gross Land Area: | 0.22 Acres |
| Sale Price: | $8,850,000 |
| Unit Price: | $438.94 PSF |
| Ceiling: | 9 ft. |
| Property Use Type: | Net Leased Investment (NNN), Vacant/Owner-User |
| Building Name: | 35 Prioleau Street - Existing Harbour Club |
| Usable Size (USF): | 20,162 SF |
| Sale Terms: | Cash to Seller, Owner Financing, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/29/2020 |
Overview / Comments
|
This property is an existing restaurant/special event venue. The City of Charleston has identified this property as a multi-family development site and will allow density to be whatever that is feasibly practical for the developer. The property includes a historic 3-Story masonry building originally built in 1814. The entire property was completely renovated in 1995 for the existing tenant. Building location sits in the exclusive “French Quarter” area of Downtown Charleston, just off of East Bay Street & Vendue Range. Valet drop-off at main entrance of building. The rear half of building recommended being razed and redeveloped. Property is also available for lease. Note: May be combined with adjacent building for an additional 8,0000 SF |
Attachments & Media
Additional Details
| Nearest MSA: | Charleston-North Charleston |
| County: | Charleston |
| Submarket/Township: | 51 - Peninsula Chas. inside of crosstown |
| Taxing Authority: | City of Chaleston` |
| Tax ID/APN: | 458-09-02-007 |
| Zoning: | LB - Limited Business |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Convention, Other |
| Property Located Between: | East Bay Street and Vendue Range |
| Property Visibility: | Excellent |
| Largest Nearby Street: | East Bay Street |
| Feet of Frontage: | 110 |
| Area Description: | Historic Charleston French Quarter |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Typical SF / Floor: | 9,460 SF |
| Property Condition: | Good |
| Year Built: | 1814 |
| Year Renovated: | 1995 |
| Roof Type: | Flat |
| Construction/Siding: | Brick, Stucco |
| Exterior Description: | Painted stucco and exposed historic brick. |
| Parking Type: | Structure |
| Parking Description: | Street parking and parking passes in City of Charleston parking garage 1-block away. |
| Passenger Elevators: | 1 |
| Heat Type: | Electricity, Natural Gas |
| Heat Source: | Central, Heat Pump |
| Air Conditioning: | Engineered System, Package Unit |
| Internet Access: | Cable |
| Interior Description: | Large chandelier lobby, finishes in keeping with upscale historic Charleston interiors. Exposed brick walls in several dining rooms & the ball room. Large veranda features gas lighting & a built in bar. |
| Zoning Description: | The City of Charleston strongly supports the changing of zoning and height variances to allow for a high-end residential condo development here in the French Quarter of Charleston. |
| Lot Frontage: | 110 |
| Lot Depth: | 90 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,441 | 58,035 | 126,951 |
| Median Age: | 30.89 | 34.45 | 36.84 |
| Households: | 5,764 | 24,079 | 54,042 |
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