Prime King Street Building For Sale
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30798791 |
| Property Subtypes: |
Mixed Use, Office Building, Other
|
| Status: |
Pending |
| Building Size (RSF): |
6,305 SF
|
| Sale Price: |
$3,325,000 |
| Unit Price: |
$527.36 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
155 King Street |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/24/2022 |
Overview / Comments
|
This property consists of an approximate 6,305sf retail/office building located on an approximate 0.14-acre parcel at 155 King Street in downtown Charleston, SC. The first floor is used as retail clothing store and the second floor consist of unoccupied office space. There are 14 on-site parking spaces. The property is located at the corner of Jacobs Alley and King Street in a high foot traffic corridor of lower King Street. Based on Charleston County records, the current building was constructed in 1978.
|
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
51 - Peninsula Chas. inside of crosstown |
| Taxing Authority: |
City of Charleston - County of Charleston |
| Tax ID/APN: |
457-08-04-039 |
| Zoning: |
GB - General Business |
| Property Located Between: |
Jacobs Alley and Queen Street |
| Property Visibility: |
Excellent |
| Airports: |
Charleston International Airport |
| Site Description: |
The property is developed with an approximate 6,305sf two-story, mixed-use commercial building and 14 parking spaces. The building was constructed in 1978. The first floor is leased to a clothing retailer. The second floor is developed with office space and was most recently occupied by a law firm. |
| Area Description: |
This area of King Street consists of mixed-use buildings, primarily 1st floor retail use and second floor office use. The property is located across King Street from the Charleston Library Society, and it is also in close proximity to the Charleston County Courthouse Complex. It is in walking distance of numerous hotels and restaurants. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1978 |
| Parking Type: |
Surface |
| Parking Description: |
14 parking spaces contiguous to the rear of the building. The spaces are surface stacked spaces (7 behind 7 spaces, see attached drawing). |
| Total Parking Spaces: |
14 |
| Sprinklers: |
None |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
GB - General Business in the City of Charleston |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,814 |
59,972 |
130,802 |
| Median Age: |
29.18 |
34.58 |
36.77 |
| Households: |
5,963 |
25,065 |
54,940 |
|
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