438 King Street

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30775268
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Status: Pending/Contingent
Building Size (RSF): 8,675 SF
Gross Building Area: See Agent
Gross Land Area: 0.24 Acres
Sale Price: $6,450,000
Unit Price: $743.52 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/7/2022

Overview / Comments

Now available for purchase and located in an Opportunity Zone is 438 King Street in historic Downtown Charleston. This building consists of three stories: the first floor features a high-end retail suite that is move-in ready. The top two floors consist of office space that is beautifully crafted with hardwood floors, high ceilings, abundant natural light, original fireplaces and wrap around porches. The property consists of 18 parking spaces in the rear of the property accessible via John Street. There are two separate entrances for the second floor, one in the rear, and an additional entrance on King Street. The interior of the historic property has been recently restored and is ready for occupancy.

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Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4601602066
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Visibility: Excellent
Number of Stories: 3
Typical SF / Floor: 2,750 SF
Property Condition: Good
Year Built: 1908
Year Renovated: 2000
Parking Type: Surface
Parking Description: 18 parking spots

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,641 55,690 135,743
Median Age: 28.43 33.84 36.6
Households: 9,011 23,506 56,655
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