11 Unit Apartment / Condo Located on King Street
|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
||$349,545.45 Per Unit
|Property Use Type:
||289-291 King Street
||Cash to Seller
|Average Occupancy Rate:
Overview / Comments
A rare opportunity to own an asset in the highly desirable downtown submarket of historic Charleston, South Carolina. This grand, iconic structure is an extremely, well-located 11-unit apartment/condo building on the nationally-recognized King Street retail, hospitality, and restaurant corridor in downtown Charleston.
Just steps away from the College of Charleston’s 12,000 students and the Medical University of South Carolina, this prominent multifamily building features 11 apartments (lofts, 1-BR and 2-BR units) and is located on the western side of King Street at the intersection of of Society Street. The properties are part of a master regime which also includes the King Street retail space, which is not included in this offering.
Charleston's economic mix is diverse, combining one of the busiest container ports, a world-recognized visitor industry, a thriving airport, one of the Southeast’s most impressive medical hubs, a well-established base of national and international manufacturers, as well as a large military presence. The Charleston metro’s dynamic economy, alongside the natural beauty, world-class culture and historic charm, has led to a highly sought after destination for businesses, potential residents and tourists.
Attachments & Media
||51 - Peninsula Chas. inside of crosstown
||GB - General Business
|Property Located Between:
||Corner of King and Society Street
||HWY 26 and HWY 17
||Charleston International Airport
||Downtown Charleston Central Business District
|Total Number of Buildings:
|Number of Stories:
||Block, Brick, Steel Frame, Stucco
||Building is grandfathered for 17 parking spaces with The City of Charleston
||289-291 King Street
Existing Unit Mix Proposed Unit Mix
1 Bedroom/1 Bath – 3 1 Bedroom/1 Bath – 2
2 Bedroom/1 Bath – 6 2 Bedroom/2 Bath - 6
2 Bedroom/2 Bath – 1 3 Bedroom/3 Bath - 3
3 Bedroom/2 Bath – 1
Total Units – 11 Total Units - 11
Total Bedrooms - 20 Total Bedrooms – 23
Existing square footage – 11,076 sq ft Proposed square footage – 12,909 sq ft
**Current unit square footage does not include common areas – hallways, stairwells, etc.
||298-291 KIng Street
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