Catylist ID: #30397120
4% COMMISSION!! PREMIUM DOWNTOWN RESTAURANT/RETAIL/OFFICE
Retail-Commercial for Sale
|Catylist Listing ID:||30397120|
|Property Subtypes:||Mixed Use, Restaurant, Street Retail, Other|
|Building Size (RSF):||3,578 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$558.94 PSF|
|Property Use Type:||Investment, Business|
|Sale Terms:||Cash to Seller, Owner Financing|
Overview / Comments
4% COMMISSION!!-Rare investment opportunity to own beautiful building on best block downtown. Gorgeous building on Meeting Street has 3 levels, over 3500 sq. feet, on same block as Charleston Place Hotel and the Historic Market.
Current lease (4% cap rate) ends 8/31.
5.7% CAP RATE on new lease at market rate ($32/ft NNN) yields
POSSIBLE OWNER FINANCING AVAIL WITH MIN. $500K DOWN
Building is walking distance from Gucci, Ben Silver, Louis Vuitton, Brooks Brothers, Calypso, Kate Spade, Cynthia Rowley. Surrounded by the Charleston cuisine of Fig, Husk, The Peninsula Grill and many more. Short walk to waterfront and East Bay Street.
Attachments & Media
|Nearest MSA:||Charleston-North Charleston|
|Submarket/Township:||51 - Peninsula Chas. inside of crosstown|
|Largest Nearby Street:||Market Street|
|In Flood Plain?:||Yes|
|Proximity:||1 mile||3 miles||5 miles|
Diane E LewisHighgate Properties SCCMLS Member
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