Spring Street Development Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30589499 |
| Property Subtypes: |
Multi-Family, Office, Retail, Other
|
| Gross Land Area: |
0.55 Acres
|
| Sale Price: |
$4,520,000 |
| Unit Price: |
$8,218,181 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/15/2021 |
Overview / Comments
|
Oswald Cooke & Associates is pleased to offer 214-216 Spring Street for sale. The 0.544 acre parcel is located across the street from Charleston's medical district and a block from the new WestEdge development. The existing zoning is MU-2, which allows for a variety of uses including: Multi-Family, Medical, Clinical, General Office and more. There are many new developments surrounding the site and no setbacks (zero lot lines) to comply with. In addition, the Medical District is currently planning a greenway trail extending down Courtenay Drive that will connect to WestEdge, The Citadel, and further north.
|
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
52 - Peninsula Chas. outside of crosstown |
| Tax ID/APN: |
460-11-01-017, 460-11-01-016 |
| Zoning: |
MU2-WH |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
22,228 |
61,872 |
141,323 |
| Median Age: |
28.59 |
35.05 |
36.11 |
| Households: |
8,587 |
26,242 |
59,649 |
|
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