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 |
| Sale Price: |
$2,437,500 |
| Unit Price: |
$831.91 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
3.6% |
| Last Updated: |
5/6/2022 |
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.
|
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 |
| Year Built: |
1985 |
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 |
|
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