PRIME DOWNTOWN MEETING STREET

Retail-Commercial for Sale
Catylist Listing ID: 30314627
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 3,578 SF
Gross Building Area: See Agent
Sale Price: $2,195,000
Unit Price: $613.47 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: 5.0%
Last Updated: 8/7/2018

Overview / Comments

Rare 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. Heavy foot traffic makes this the ideal location for a bar, restaurant, gallery, retail, office, etc. Walking distance from Gucci, Ben Silver, Louis Vuitton, Brooks Brothers, Calypso, Kate Spade, Cynthia Rowley. Surrounded by Charleston cuisine of Fig, Husk, The Peninula Grill and many more. Short walk to waterfront and East Bay Street. Current tenant lease expires August 2019 (cap rate 5%).

Building has 2 private entrances to the adjacent garage.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4570801015
Year Built: 1978

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,645 61,028 132,821
Median Age: 28.91 34.63 36.75
Households: 6,730 25,636 56,364

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