309 King Street

Retail-Commercial for Sale
Catylist Listing ID: 30363840
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 5,856 SF
Gross Building Area: See Agent
Sale Price: $4,500,000
Unit Price: $768.44 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2019

Overview / Comments

- Prominent King Street address embedded in the “King Street Luxury Shopping District” of Middle King Street
- Premier King Street restaurant opportunity with rear loading and adjacent public parking deck
- 4,638 SF Retail Restaurant Building with a 1,218 SF outdoor patio that can be enclosed
- Notable neighbors include J. Crew Madewell, Vineyard Vines, Sephora, Apple Store, Pottery Barn, Vans, H&M, Lulu Lemon, Marine Layer and Grady Ervin Clothiers in addition to many other retailers and several restaurants.
- Located in the Heart of the high pedestrian traffic corridor
- Site includes 1 parking space on site, plus potential parking spaces available in adjacent garage

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4570404097
Retail Clientele: General, Traveler, Tourist
Property Visibility: Excellent
Tenancy: Single Tenant
Number of Stories: 2
Property Condition: Good
Year Built: 1995

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,778 57,755 136,279
Median Age: 29.11 34.44 36.71
Households: 8,778 24,311 57,059
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