41 Broad Street

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30679608
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 4,860 SF
Gross Building Area: See Agent
Sale Price: $3,095,000
Unit Price: $636.83 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2021

Overview / Comments

Connected parking lot with 9 individual parking spaces are included with the 4,860 square-foot building fronting Broad Street. Recent comps of non-renovated buildings along Broad Street are selling for $2m+ with no offered parking. Nearby individual parking spaces are selling for $150k – 41 Broad Street includes nine spaces. Currently set up as a well maintained, first-class real estate office, this double lot property has tremendous potential possibly including retail on the ground floor with residential on the top two floors. The property is located in an X flood zone and has four meters with the potential to be re-zoned with residential units above. The combination of the building's iconic setting, vast history and ample parking offer an amazing prospect for the new owners.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4580903113
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1835

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,193 59,894 125,828
Median Age: 30.29 34.84 36.75
Households: 6,081 25,060 53,817
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