11- 1/2 St. Philip Street Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30746602
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail
Building Status: Proposed
Gross Land Area: 3,521 SF
Sale Price: $900,000
Unit Price: $255.61 PSF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Last Updated: 7/12/2021

Overview / Comments

The Opportunities are endless with this lot! Although zoned DR-2F, The owner has obtained a zoning variance for parking requirements and for office use on this site.
The conceptual renderings that are pictured have obtained BAR conceptual approval. This approved concept has 2.5 stories, with 3,521 Square feet of usable office space.

The existing façade that still stands is historic and cannot be demolished. The current design utilizes a steel frame to stabilize and join the historic remains to the new structure, creating a unique entry and an open-air meeting space for the occupants to enjoy.

The City has also stated they would approve a residential, restaurant, or mixed-use space on this lot as well. The parcel sits in the heart of downtown Charleston’s most bustling district. It is Adjacent to the College of Charleston and located in the desirable Harleston Village neighborhood. This property provides a rare opportunity to build a custom space, in a location with exceptional foot traffic.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 457-040-3112
Zoning: DR-2F - Diverse Residential (26.4 units per acre)
Property Located Between: Wentworth Street and Beaufain street
Property Visibility: Excellent
Legal Description: Final Plat of Subdivision between No. 20 Beaufain Street and 11-1/2 Saint Philip Street, to create new lot 11-1/2 Saint Philip Street(.08 acres), City of Charleston, Charleston County.
Largest Nearby Street: St. Phillip Street
Zoning Description: DR-2F - The owner has obtained a zoning variance for parking requirements and for office use on the site.
In Flood Plain?: Yes
Easements: Ingress/Egress
Easements Description: There is a 10' easement on the adjacent Meminger School parking lot shown on the platt.
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,274 61,583 134,803
Median Age: 28.79 34.58 36.72
Households: 8,582 26,121 56,423


Photograph of Listing Agent

Tony S Diesu

CKC Realty, LLC SCCMLS Member
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