317 Savannah Hwy

Vacant Land for Sale
Catylist Listing ID: 30639886
Property Subtypes: Hospitality, Multi-Family, Office
Gross Land Area: 0.85 Acres
Sale Price: $6,150,000
Unit Price: $7,235,294 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2020

Overview / Comments

317 Savannah Highway is located between the round Holiday Inn and the Waffle House just across the Ashley River Bridge from the Charleston Peninsula. The site has approval in place for a 150 room hotel. The site is zoned General Business and is in the 100/30 height zone so you can build up to 100 feet in the air. Great view potential. The listing price is $40,000 per hotel room. Very rare opportunity with 150 hotel rooms approved.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 11 - W.Ashley inside I-526 to Ashley River
Taxing Authority: City of Charleston
Tax ID/APN: 4210700003
Zoning: GB - General Business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,081 73,843 143,338
Median Age: 30.03 34.74 36.27
Households: 4,272 31,602 60,841

Contact

Photograph of Listing Agent

Charles S Carmody

CBRE, Inc SCCMLS Member
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