McCrady's Portfolio on the Bay

Retail-Commercial for Sale
Catylist Listing ID: 30626996
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 17,834 SF
Gross Building Area: See Agent
Sale Price: $8,000,000
Unit Price: $448.58 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed, Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

Available for Sale (with discounted portofolio pricing), 153, 155 East Bay and 2 Unity Alley. This portfolio offering (also available individually) consists of three mixed use/ three story commercial buildings in the downtown French Quarter District of Charleston. The properties were formerly occupied by a restaurant group and all but one suite is now vacant. These spaces are high end, 2nd generation spaces that used to be operated by James Beard winning chefs. The properties can function as restaurant space once again or easily be repositioned into retail, office and residential.

This rare and prestigous opportunity consists of 9k sf across first floor space with 2 entrances on Unity Alley and 4 entrances along East Bay.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 4580901122, 4580901003, 4580901004
Year Built: 1800

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,441 60,756 125,494
Median Age: 30.89 34.56 36.85
Households: 5,764 25,333 53,357
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