Retail space on King St

Retail-Commercial for Sale
Catylist Listing ID: 30795262
Property Subtypes: Street Retail
Building Size (RSF): 2,930 SF
Gross Building Area: See Agent
Gross Land Area: 0.33 Acres
Sale Price: $2,317,148
Unit Price: $790.84 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 3.6%
Last Updated: 9/27/2022

Overview / Comments

949 King St sits on the corner of King and Maverick between the Upper King St district and the rapidly transforming NoMo area. Currently the building is partially used as owner-occupied retail space, and retail leased space. There is a third space that owner uses for storage. The corner .33 acre lot size offers the potential for redevelopment with a higher and better use in the one of the most desired areas of Charleston.

Attachments & Media

Current Tenants

Tenant Business Name Shorty's ABC
Tenant Business Name Rawan Market

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Tax ID/APN: 4631504001
Zoning: GB - General Business
Tenancy: Multiple Tenants
Year Built: 1985

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,572 59,135 139,433
Median Age: 28.92 33.99 36
Households: 7,551 24,855 58,588

Contact

Photograph of Listing Agent

Julian M Hill, Jr

Coldwell Banker Realty SCCMLS Member
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