New Corner Restaurant - 2 Outdoor Dining Areas

Retail-Commercial for Lease
Catylist Listing ID: 30724330
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Contiguous Space: 2,632 SF
Gross Building Area: See Agent
Lease Rate: $42 PSF (Annual)
Base Monthly Rent: $9,212
Lease Types: NNN
Last Updated: 9/18/2021

Overview / Comments

Excellent opportunity to lease a newly renovated ground floor restaurant space that features two outdoor dining areas - rooftop terrace and ground level. This space is located on a busy corner in the Cannonborough neighborhood, which is the only area in downtown Charleston that allows for commercial short term rentals. This bustling district enjoys the patronage of an eclectic mix of locals and tourists alike.

The building located at 114 Spring Street dates back to the late 1800’s and is currently undergoing a complete interior and exterior renovation. The upper floors are high-end short term rentals and ground level has been designed for a restaurant concept. The following are some of the more notable space improvements: 600 amp electrical service, 2,000 gallon grease trap, restored historic brick walls, finished rooftop terrace, abundant natural light, numerous windows, rear service area, and more.

This is a fantastic neighborhood that exemplifies the urban concept of vibrancy - work/play/live. The property is surrounded by other very successful established retail and restaurant concepts.

Expand All Available Space

Suite: A 2,632 SF $42 PSF (Annual) NNN
Space Available: 2,632 SF
Lease Rate: $42 PSF (Annual)
$9,212 (Monthly)
Lease Type: NNN
Date Available: 4/9/2021
Space Type: New

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 460-11-02-010
Property Visibility: Excellent
Feet of Frontage: 55
Property Condition: Excellent
Year Built: 1880
Year Renovated: 2011
Sprinklers: Wet

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,753 57,832 136,268
Median Age: 27.38 34.23 36.29
Households: 10,228 24,554 56,862

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