MLS# 29975212 | 1074 Morrison Drive Charleston SC | subdivision
843-225-7007
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Charleston, SC 29403
- N/APrice per SqFt
- N/ASqFt
- 423Days on Market
- N/AZoning
- N/AYear Built
- Unimproved LandUse
- MLS# 29975212
- Commercial Sales
- Unimproved Land
- Sold
- Approx Time on MarketN/A
- AreaHistoric Charleston - Upper Peninsula
- CountyCharleston
- SubdivisionN/A
Overview
The property is located in the heart of the North Morrison district which has undergone significant redevelopment and transformation in recent years. The rejuvenation of this area began with the development of the Cool Blow project which consists of a mixed use development with 58 loft style apartments and 20,000 sf of office/retail space that was developed in the late 2000s. More recently, the Half Mile North project was completed and is located directly across Morrison Drive from the property. This area was redeveloped from old warehouses into a technology hub with tenants such as SIB, Blue Acorn, and Integral Solutions. In addition, Half Mile North includes Edmunds Oast Restaurant and Brew Pub, and Butcher and Bee cafe and deli. Other new developments in the area include 930 North Morrison (930 NoMo) which is a 430-bed multi-story upscale apartment community targeted as student housing, redevelopment of 960 Morrison which is an approximate 23,000 sf office building, and redevelopment of the Cigar Factory which consists of 150,000 sf of office space and 50,000 sf of retail space. In addition to Edmunds Oast, and Butcher and Bee, the area has also seen a resurgence in restaurants, bars and microbreweries including Taco Boy, Desano's Pizza, Revelry Brewing Company, The American, Home Team Barbeque, John Lewis' Barbeque, Tattooed Moose, Santi's and Rutledge Cab Co.Planned developments for the area include the Charleston Digital Corridor's Flagship 3 building which will be located at the corner of Morrison Drive and Conroy Street in close proximity to the property. The building is planned to be a 5-story, 63,000 sf building that is targeted to house start-up, intermediate and growth stage tech companies.
Sale Info
Listing Date: 01-30-2023
Sold Date: 05-17-2019
Listing Sold: 
4 Year(s), 10 month(s), 12 day(s) ago
Asking Price: $6,950,000
Selling Price: $6,950,000
Price Difference:
Same as list price
Building Info
Anchored: No
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Lot Acres Min: 2.100
Land Size: 2.10
Misc
Title: 2.1 Acre Development Opportunity
Offer Compensation
Property Info
Second Property Subtype: Unimproved Land
Zoning: City of Charleston - UP - Upp
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $6,950,000
Build To Suit: No
Property Use Type: Hospitality, Industrial, Multi-Family, Other, Retail, Self Storage, Showroom
Class Type: Unimproved Land
Sold Info
Sold Date: 2019-05-17T00:00:00
Sqft Info
Unit Info
Utilities / Hvac
Courtesy of listing office Palmetto Commercial Prop, LLC
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