342 East Bay Street

Office for Sale
Catylist Listing ID: 30556971
Property Subtypes: Office Building
Building Size (RSF): 3,914 SF
Gross Land Area: 4,757 SF
Sale Price: $1,849,000
Unit Price: $472.41 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: 342 East Bay Street
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

Historic Building on East Bay Street just below the corner of Calhoun Street available for sale. The building has been two suites - one on the first floor and one on the upper floors. The property includes 12 on-site parking spaces. The first floor contains 1,080 SF, the second and third floors contain 1,192 SF each and the fourth floor contains 450 SF.
Excellent location within walking distance to numerous amenities and just minutes from the Arthur Ravenel Bridge. The seller has out grown the space so it is vacant and ready for a new owner occupant or for tenants to move in. Great opportunity to own and occupy space with on-site parking in Downtown Charleston.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $23,594 (Annual)

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: 458-01-02-020
Property Visibility: Excellent
Year Built: 1817

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,968 55,129 134,500
Median Age: 28.84 34.14 36.56
Households: 7,081 22,954 56,996

Contact

Photograph of Listing Agent

Charles S Carmody

CBRE, Inc SCCMLS Member
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