East Bay Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30585607
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 1,086 SF
Gross Building Area: 2,172 SF
Sale Price: $1,325,000
Unit Price: $1,220 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/11/2020

Overview / Comments

Prime retail or commercial location in the heavily tourist area of East Bay Street between Vendue Range and Market Street. Great for owner/user or investor.
Current lease expires April 30th, 2020

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4580902208
Property Visibility: Excellent
Largest Nearby Street: East Bay
Feet of Frontage: 18
Airports: Charleston International
Site Description: Unit 101 of 182-184 East Bay Horizontal Property Regime
Area Description: Hotels, Art Galleries, Restaurants steps from the City Market in the heart of the historic tourist area.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 3
Typical SF / Floor: 2,500 SF
Property Condition: Good
Year Built: 1790
Year Renovated: 2015
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: Classic Charleston late 18th Century brick structure
Parking Type: Other
Parking Description: Public on site and parking garage
Sprinklers: None
Heat Type: Other
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Other
Interior Description: Currently used as Vacation Information center and office space
Zoning Description: GB
Part of Planned Development?: Yes
In Flood Plain?: Yes
Lot Frontage: 18
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Utilities, Other
Easements Description: Typical Utility easements for downtown Charleston
Land Ownership: Condominium
Legal Description: 182-184 East Bay Street HPR Unit 101

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,363 59,985 125,494
Median Age: 30.58 34.49 36.85
Households: 6,163 24,973 53,357

Contact

Photograph of Listing Agent

Julian V Brandt, III

Julian V Brandt Inc SCCMLS Member
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