Viewing Listing MLS# 30612040
-
$8,900,000
No Recent Price Change -
501 King St
Charleston, SC 29403
- MLS# 30612040
- Commercial Sales
- Retail-Commercial
- Active
Agent Remarks
Highly desired location in bustling Upper King and in an Opportunity Zone, 501 King Street & 9 Morris are an easy walk to the surrounding apartments, hotels and downtown residential neighborhoods. Recently benefiting from more than a billion dollars worth of development, with a second phase coming (click link below to view the next round of approved development projects exceeding $1 billion), this area has become the focal point of the Charleston Peninsula. The result has been a unique historic streetscape, numerous hotels, apartments and office buildings and a very dynamic culinary and retail scene. Possibility exists to activate the rooftop for patron use and the excess land in the rear can be for a future development. **Several pictures were included to show the space as previously used. The distilling equipment has been removed.**
Building Info
Year Built Date: 1,950
Visibility: Excellent
Financial
Sale Terms: Cash to Seller
Sale Price Max Total: $8,900,000
Sale Price Min Total: $8,900,000
Lot Info
Acres: 0.00
Misc
Use Type: Net Leased Investment (NNN), Investment, Business
Zoning: GB
Property Info
Msa: Charleston-North Charleston
Title: Upper King Building - Excess Land - Parking (Opportunity Zone)
County: Charleston
Property Subtype: Free-Standing Building, Restaurant, Street Retail
Sale / Lease Info
Sqft Info
Size Rentable Sf: 10,689
Tax Info
Courtesy of listing office The PrimeSouth Group LLC