153 E Bay St

Retail-Commercial for Sale
Catylist Listing ID: 30626710
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 5,607 SF
Gross Building Area: See Agent
Sale Price: $2,150,000
Unit Price: $383.45 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/16/2020

Overview / Comments

Available for Sale, 153 East Bay is a three story mixed-use building in the historic French Quarter District of downtown Charleston, SC. The property is anchored by the very successful Pearlz Oyster Bar on the first floor, which has been operating here since 2004. The second floor has a separate entrance and commercial elevator which was most recently used by Minero, a full service restaurant and bar. This vaulted space with exposed brick and natural light is also suitable for office space. The third floor was previously used as storage space for Minero.

153 boasts ~36 feet of frontage on East Bay and the dual E Bay entrances allows for easy circulation and access. Constructed of brick with a slate roof, this iconic building has withstood the test of time and has been renovated with modern finishes over the years.

This opportunity can be bought separately or as a portfolio with the neighboring properties, 155 East Bay and 2 Unity Alley. DISCOUNTED Pricing Available for Portfolio Offering. See attached Packages for individual and portfolio offering.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4580901122
Feet of Frontage: 36
Year Built: 1800

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,441 60,756 125,494
Median Age: 30.89 34.56 36.85
Households: 5,764 25,333 53,357
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