312 King Street

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30744759
Property Subtypes: Free-Standing Building
Status: Pending/Contingent
Building Size (RSF): 5,464 SF
Gross Building Area: See Agent
Sale Price: $3,300,000
Unit Price: $603.95 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 6.02%
Last Updated: 10/4/2021

Overview / Comments

Located in the block of King Street between George Street and Society Street the building is situated across King Street from the Apple Store and immediately beside local favorite Croghan's Jewel Box....a truly center court location with a very high profile and a strong Tenant in place.
The space is approximately 3,064 SF on the ground floor. The second floor is used by the Tenant. The third floor could be converted to a high end apartment for lease or a residential or office condo. The coveted right to lease up to three parking spaces in the rear parking lot directly behind the building will also be available should there be availability at that time. Year built is approximate.

Commercial Real Estate Ventures, LLC does not make any representation or warranty as to the accuracy or completeness of the Informational Materials for this offering and further that the provided information used in the preparation of the Informational Materials herein that has been furnished to Commercial Real Estate Ventures, LLC by others has not been independently verified by Commercial Real Estate Ventures, LLC and is therefore not guaranteed as to completeness or accuracy. Any Potential Purchaser and/or Buyer's Broker(s) agrees that Commercial Real Estate Ventures, LLC shall not have any liability for any reason to the Buyer's Broker(s) or the Potential Purchaser or any Related Parties resulting from the use of the Informational Materials.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4570404014
Property Visibility: Excellent
Year Built: 1880

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,778 57,755 136,279
Median Age: 29.11 34.44 36.71
Households: 8,778 24,311 57,059
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