534 King Street

Retail-Commercial for Sale
Catylist Listing ID: 30532452
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 7,400 SF
Sale Price: $10,000,000
Unit Price: $1,351 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/7/2020

Overview / Comments

Free-standing building on the prominent corner of King and Wolfe Street. Adjacent to the Midtown Development with Hyatt Place and Hyatt House Hotel. Retail space available on King Street. Rare free-standing building, with approximately 12 parking spaces on site for lease. Property leased as is.
- Excellent location on the booming Upper King Street
- Considered to be "Walker's Paradise" with a 96% Walk Score
- Zoning: General Commercial
- Within the Accommodations Overlay
- Long-term lease available
- 2nd floor available

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 460-08-04-063
Zoning: OTHER
Retail Clientele: General, Business, Tourist
Property Located Between: King Street and Woolfe
Property Visibility: Excellent
Largest Nearby Street: King Stree
Year Built: 1950
Parking Type: Surface
Parking Description: 12 parking spaces on site
Zoning Description: General Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,276 57,192 138,585
Median Age: 29.23 34.17 36.61
Households: 9,303 24,188 57,943

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