MLS# 29853697 | 82 Church Street Charleston SC | subdivision
843-225-7007
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Charleston, SC 29401
- $466.78Price per SqFt
- 3,417SqFt
- 450Days on Market
- N/AZoning
- 1782Year Built
- Special PurposeUse
- MLS# 29853697
- Commercial Sales
- Special Purpose
- Sold
- Approx Time on MarketN/A
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionN/A
Overview
Unique opportunity for a possible live/work building on the corner of Tradd and Church Street South of Broad in downtown Charleston or a fully rented investment property! Lots of updates since the owner obtained the property. There is a newer membrane roof with a 20 year warranty and new wooden shutters. Total renovation of the second floor with granite and stainless appliances and new bathroom. First floor tenant put new wood in the first floor. First floor is used for commercial use (office space) and second two floors for residential use. Income coming from all three floors.DIRECTIONS: South of Broad in Downtown Charleston. At the corner of Tradd and Church Streets.FINANCING: Seller will consider cash or conventional financing.TENANT INFO: 3 LEASES. 1ST FLOOR GETS $1650 A MONTH NOW ACCORDING TO THE OWNER THE FIRST FLOOR HAS AN OPTION TO RENEW AT $1750 A MONTH 11/15/15.; BASED ON WHAT OWNER LET ME KNOW 2ND FLOOR IS $2450/MONTH AND WILL END 7/31/2015 AND THEN RENT WILL BE $2550 MONTH ONCE RENEWED; 3RD FLOOR IS RENTED FOR $1900 A MONTH. 3RD FLOOR PAYS ALL ELECTRICAL EXPENSE. SECOND FLOOR PAYS 2/3 OF ELECTRIC; 1ST FLOOR PAYS ALL ELECTRIC OVER $100. OWNER PAYS WATER. ***AS FAR AS THE CAP RATE ABOVE IT DEPENDS ON HOW YOU ARE CALCULATING BUT CAP RATE IS CLOSER TO 3% BUT WILL LIKELY BE LESS THAN 3% ONCE TAXES ADJUST FOR NEW OWNER.
Sale Info
Listing Date: 01-30-2023
Sold Date: 03-28-2016
Listing Sold:
8 Year(s), 28 day(s) ago
Asking Price: $1,595,000
Selling Price: $1,595,000
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1782
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Land Size: 0.00
Misc
Title: 82 CHURCH ST
Offer Compensation
Property Info
Second Property Subtype: Special Purpose
Zoning: City of Charleston - SR-5 - S
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash, Other
Property Type: A
Original Price: $1,595,000
Build To Suit: No
Property Use Type: Business, Hospitality, Industrial, Investment, Multi-Family, Other, Retail
Class Type: Special Purpose
Sold Info
Sold Date: 2016-03-28T00:00:00
Sqft Info
Rentable Area: 3417
Unit Info
Utilities / Hvac
Courtesy of listing office Greenberg Real Estate, LLC
MLS# 31000467 
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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