246 Spring Street
Vacant Land
for Sale
| Catylist Listing ID: |
30639870 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Vacation/Resort
|
| Gross Land Area: |
0.84 Acres
|
| Sale Price: |
$7,500,000 |
| Unit Price: |
$8,928,571 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/15/2021 |
Overview / Comments
|
246 Spring Street is a 0.84 acre site next to the West Edge Development. The zoning is MU-2/WH which allows multi-family and hotels. The site has the approval in place to allow 125 hotel rooms. The site is in the 85/125 height zone so you can building up to 125 feet in the air.
|
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
52 - Peninsula Chas. outside of crosstown |
| Taxing Authority: |
City of Charleston |
| Tax ID/APN: |
4601002005 |
| Zoning: |
MU2-WH |
| Property Located Between: |
Lockwood and Hagood Avenues |
| Property Visibility: |
Excellent |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
18,596 |
64,982 |
139,971 |
| Median Age: |
29.29 |
35.32 |
36.2 |
| Households: |
7,441 |
27,706 |
59,183 |
|
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