248, 250, & 252 Meeting Street
Office
for Sale
| Catylist Listing ID: |
30638128 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
3,636 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$5,000,000 |
| Unit Price: |
$1,375 PSF |
| Property Use Type: |
Business |
| Building Name: |
252 Meeting Street |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/19/2021 |
Overview / Comments
252 Meeting Street was constructed in 1838. John Whiting, a merchant, built the structure to replace an earlier building lost to in the Great Fire of 1838. It was a combined commercial-residential building, with a shop on the first level and residence on the upper levels. It was renovated in 1976. Most recently, it was used as an office space, and it was used as hotel rooms prior to that.
Presently, the building is approx. 3,636 sqft with an attached garage. Over the collective of 248, 250 and 252 Meeting Street, are 22 surface lot parking spaces and 2 garage parking spaces, for a total of 24 spaces. The Preservation Society has a facade easement on the structure. In speaking with Kristopher King, he said he would certainly work with a renovation, as this was one of the first facades given to the Society.
252 Meeting Street is in moderate condition and could be reconfigured/updated as an office building, small inn, or residence. The location is prime for a commercial use.
|
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
51 - Peninsula Chas. inside of crosstown |
| Taxing Authority: |
City of Charleston |
| Tax ID/APN: |
4580501005, 006, 007 |
| Zoning: |
GB - General Business |
| Property Located Between: |
Wentworth & Hasell on Meeting Street |
| Property Visibility: |
Excellent |
| Highway Access: |
2 miles to I-26. |
| Airports: |
Charleston International Airport |
| Site Description: |
House with 24 parking spaces. |
| Area Description: |
10,149 sqft with building and garage. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Year Built: |
1838 |
| Year Renovated: |
1978 |
| Roof Type: |
Flat |
| Construction/Siding: |
Stucco |
| Exterior Description: |
Stucco over brick & Ceda siding. |
| Parking Type: |
Structure, Surface |
| Parking Description: |
Surface lot and garage spaces |
| Total Parking Spaces: |
24 |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Interior Description: |
See plans in Documents. |
| Zoning Description: |
General business. |
| Lot Frontage: |
70 feet |
| Lot Depth: |
171 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Preservation |
| Easements Description: |
Preservation Society. Facade easement. See Kristopher King. |
| Land Ownership: |
KCA Limited Partnership III |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,645 |
58,164 |
132,714 |
| Median Age: |
28.91 |
34.63 |
36.73 |
| Households: |
6,730 |
24,267 |
56,243 |
|
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The information presented herein is provided as is, without warranty of any kind.
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