Retail & Multifamily Investment Opportunity in Downtown Charleston

Retail-Commercial for Sale
Catylist Listing ID: 30340685
Property Subtypes: Mixed Use
Building Size (RSF): 13,500 SF
Gross Building Area: See Agent
Sale Price: $7,700,000
Unit Price: $570.37 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/4/2019

Overview / Comments

Bridge Commercial, on behalf of the “Owner”, is pleased to exclusively offer the opportunity to purchase 296 & 298 King Street (the "Property”) in beautiful Charleston, South Carolina. The Property consist of two, three-story, historic buildings fronting King Street. Together the two-building offer approximately ±13,500 square feet of ground floor retail with second and third floor residential.

The Property, which is being sold "as is," offers excellent street-level retail space along King Street, one of the nation's best shopping streets, and multifamily space on the second and third floors. This unmatched location in the heart of downtown Charleston and walking distance to an array of nearby amenities along with a coveted King Street address.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4570404022
Zoning: GB - General Business
Total Number of Buildings: 2
Year Built: 1978

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,778 56,354 136,279
Median Age: 29.11 34.51 36.71
Households: 8,778 23,532 57,059
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