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: 10/15/2020

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

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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

Contact

Photograph of Listing Agent

Charles S Carmody

CBRE, Inc SCCMLS Member
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