Mixed Use//Multifamily/Hospitality Triplex Building For Sale -King St
Multi-Family
for Sale
Also listed as Retail-Commercial, Hospitality
| Catylist Listing ID: |
30589581 |
| Property Subtypes: |
Duplex/Fourplex, Mixed Use
|
| Number of Units: |
3 Units |
| Building Size (RSF): |
4,947 SF |
| Gross Land Area: |
0.05 Acres
|
| Sale Price: |
$2,850,000 |
| Unit Price: |
$950,000 Per Unit |
| Ceiling: |
10 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
7/8/2021 |
Overview / Comments
This Mixed Use//Multi-Family/Hospitality/Triplex/General Business zoned Building is For Sale located in highly recognized King Street corridor. This outstanding Modern Architecture building is located in the heart of downtown Charleston. The property features three levels of amazing King Street frontage with its own private entry for first floor Restaurant and second private entry for Commercial Office space on the second floor. Units A,B&C generate significant ROI revenues for a future owner. Unit B&C upstairs of the main entry have their own address and mail box on King Street at ground level and a private security gated system with interior stairwell to second and third floor. The units upstairs have large windows and lots of natural light overlooking the view of famous King Street hottest location. Flooring is smooth concrete and carpeted in upstairs units. Unit B includes a small galley kitchen with refrigerator, sink and cabinets break room /apartment Kitchen area. Top two units can be Luxury Apartments or can be Class A Office offers a large open space with plenty of room. This space can also accommodate all your office needs with a large board room area for meetings and plenty of seating and open work stations. Unit B is equipped with a Galley Kitchen, Large bathroom with private shower and closet. Top floor - Unit C is a Penthouse apartment with open patio overlooking the new Bennett Hotel and many other architectural and stately buildings near by. This three story property is unique in its “Business Use” and has the ability to generate income on many levels. Located in one of the most highly desirable neighborhoods for /business/pleasure. Walking distance to all Charleston has to offer. Call the listing agent today for a Tour and Income reports. All units are currently rented.
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Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
51 - Peninsula Chas. inside of crosstown |
| Tax ID/APN: |
460-12-02-090 |
| Zoning: |
GB - General Business |
| Percent Occupied: |
100% |
| Property Located Between: |
King Street - between Morris and Radcliffe |
| Airports: |
CHS |
| Total Number of Buildings: |
1 |
| Property Condition: |
Excellent |
| Number of Stories: |
3 |
| Year Built: |
2008 |
| Year Renovated: |
2016 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Architectural with large outdoor balcony with views of the downtown cityscapes on third floor |
| Parking Type: |
Other |
| Parking Description: |
No parking conveys with Building but spaces can be rented monthly in other parking lots |
| Sprinklers: |
Other |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Interior Description: |
Classic Architectural |
| Zoning Description: |
General Business Zone GB |
| Lot Frontage: |
See site plans attached |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
23,173 |
57,192 |
137,010 |
| Median Age: |
29.15 |
34.17 |
36.54 |
| Households: |
9,718 |
24,188 |
57,250 |
|
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