ILA Local 1422

Office for Sale
Sale Pending/Contingent
Also listed as Hospitality, Retail-Commercial
Catylist Listing ID: 30217474
Property Subtypes: Mixed Use, Office Building
Status: Pending/Contingent
Building Size (RSF): 31,640 SF
Gross Land Area: 4.45 Acres
Sale Price: $20,190,000
Unit Price: $638.12 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: ILA Local 1422
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/13/2021

Overview / Comments

Property consists of 4.449 acres improved with a two story 31,640 sq.ft. Union Hall, Community Hall & Office building. Facility is owned and occupied by International Longshoremen Association Local 1422. The I.L.A. is looking to relocate its' headquarters to a more central location for its' members and is therefore looking to sell their existing facility.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Tax ID/APN: 461-09-01-007 & 008
Zoning: OTHER
Property Visibility: Excellent
Highway Access: Easy access to I-26, I-526 and US Hwy. 17
Site Description: Site improvements include an asphalt paved parking lot which has pole mounted lights with curb and gutter. There are 192 marked parking spaces with sidewalks around the building. There is a mixture of stained concrete and tabby finished concrete paving around the building. The remainder of the site is landscaped with a sprinkler system.
Area Description: The facility is located just north of the Central Business District of the City of Charleston. This area has seen a great deal of new development and redevelopment in the last several years.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2002
Construction/Siding: Steel Frame
Exterior Description: Building is a mixture of concrete block and steel frame
Parking Type: Surface
Parking Description: There are 192 marked parking spaces.
Total Parking Spaces: 192
Passenger Elevators: 1
Sprinklers: Other
Interior Description: Building contains a one-story area of 24,640 S.F. that includes rooms used as a union hall and a community hall with high ceiling heights. These are connected by a one story portion including a gym, kitchen and lounge. The building also includes a two story portion of 7,000 S.F. with offices on both floors. The second floor can be accessed by two stairwells and a 2500 pound capacity elevator. The building is sprinkled and there is a covered patio at the rear of the building.
Zoning Description: UP - Upper Peninsula District (City of Charleston)
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,720 60,474 137,897
Median Age: 36 34.01 35.91
Households: 4,193 24,911 57,342


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