King Street Redevelopment Opportunity

Office for Sale
Sale Pending
Catylist Listing ID: 30626466
Property Subtypes: Mixed Use, Flex Space, Office Building, Other
Status: Pending
Building Size (RSF): 2,500 SF
Gross Land Area: 0.20 Acres
Sale Price: $1,375,000
Unit Price: $550 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: 733 King
Usable Size (USF): 2,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/9/2021

Overview / Comments

733 King Street is centrally located in downtown Charleston. The property sits between the City’s two most popular and fastest growing area; the Upper King Street district and the NoMo area. The property is perfect for redevelopment or an owner-occupied office or retail use. The nonhistorical, standalone building has the ability to be transformed and given new architectural highlights as well. The site offers ample onsite parking, access to multiple dining and retail options and excellent connectivity throughout downtown.

The rendering provided is by the Middleton Group. This highlights what can be done to the existing structure (not historic). The building works for retail, restaurant or office use and is perfect play someone looking for an owner occupied building.

The property also sits in an opportunity zone as well.

Call Broker for further details regarding structure and opportunity zone.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Taxing Authority: Charleston
Tax ID/APN: 4600302007
Zoning: GB - General Business
Property Visibility: Excellent
Highway Access: Quick access to I-26 and Hwy 17.
Typical SF / Floor: 2,500 SF
Year Built: 1970
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Zoning Description: General Business
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,572 57,497 135,838
Median Age: 28.92 33.58 36.08
Households: 7,551 24,242 56,636


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