MLS# 30125650 | 200 Rutledge Avenue Charleston SC | subdivision
843-225-7007
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Charleston, SC 29403
- $293.05Price per SqFt
- 4,419SqFt
- 448Days on Market
- N/AZoning
- 1981Year Built
- OfficeUse
- MLS# 30125650
- Commercial Sales
- Office
- Sold
- Approx Time on MarketN/A
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionN/A
Overview
200 Rutledge Avenue is a two story brick building containing 2,223 SF of medical type office space in the first floor and two - two bedrooms two baths apartments in the second floor of 2,196 SF for a building total of 4,419 SF. The building is part of the Rutledge Place Co-Owners Association that owns the surface parking lot in front of the building. The building controls 9 parking spaces in the lot in common with the other owners. The regime fee is $299.67 per month. The first floor tenant owns the building and will vacate upon closing. At $24.00 / SF for the first floor = $53,352 / year and $2,000 per month per apartment and $100 per month per parking space, the gross rents will be $112,152. Estimated expenses are $27,692 leaving an NOI of $84,460. At $1,295,000, the cap rate is 6.52%. The year built is estimated.
Sale Info
Listing Date: 01-30-2023
Sold Date: 10-27-2017
Listing Sold: 
6 Year(s), 5 month(s), 27 day(s) ago
Asking Price: $1,295,000
Selling Price: $1,295,000
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1981
Financial
Asking Price Type: Fixed Price
Garage / Parking
Parking Type: Surface
Lot Info
County: Charleston
Lot Acres Min: 3625.
Land Size: 3625.12
Misc
Title: 200 Rutledge Avenue
Offer Compensation
Property Info
Second Property Subtype: Office
Zoning: City of Charleston - LB - Lim
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $1,295,000
Build To Suit: No
Property Use Type: Industrial, Investment, Medical/Dental, Mixed Use, Multi-Family, Office, Retail
Class Type: Office
Sold Info
Sold Date: 2017-10-27T00:00:00
Sqft Info
Rentable Area: 4419
Unit Info
Utilities / Hvac
Courtesy of listing office CBRE, Inc
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