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.

Attachments & Media

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

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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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