MLS# 30539393 | 289 King Street Charleston SC | subdivision
843-225-7007
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Charleston, SC 29401
- $292.05Price per SqFt
- 11,076SqFt
- 450Days on Market
- N/AZoning
- 1900Year Built
- Multi FamilyUse
- MLS# 30539393
- Commercial Sales
- Multi Family
- Sold
- Approx Time on MarketN/A
- AreaN/A
- CountyCharleston
- SubdivisionN/A
Overview
Rare Value-Add Multifamily Opportunity on King Street in Downtown Charleston. This grand, iconic structure is an extremely well located 11 unit apartment building on the nationally-recognized King Street retail, hospitality, and restaurant corridor in downtown Charleston. Just steps away from the College of Charleston's 12,000 students and the Medical University of South Carolina, this prominent building features 11 apartments (19 bedrooms) and is located on the western side of King Street at the intersection of Society Street. The properties are part of a master regime which includes the ground floor retail space on King Street, which is not included in this offering.Push rents through strategic unit upgrades or renovate to luxury condominiums for an upside opportunity. Good opportunity for furnished corporate monthly rentals. Preliminary Approval for architectural plans in hand which add 1,800 sf, 4 additional bedrooms, and a penthouse suite with rooftop deck. Check with agent for approvals.Listing Agency's owners have ownership interest in the property. Offering Memorandum with floor plans, architectural plans available upon request
Sale Info
Listing Date: 01-30-2023
Sold Date: 12-09-2021
Listing Sold:
2 Year(s), 4 month(s), 16 day(s) ago
Asking Price: $3,234,750
Selling Price: $3,234,750
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1900
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Land Size: 0.00
Misc
Title: Value Add Multi-Family Opportunity Downtown Charleston
Offer Compensation
Property Info
Second Property Subtype: Multi Family
Zoning: City of Charleston - GB - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Undisclosed
Property Type: A
Original Price: $3,234,750
Build To Suit: No
Property Use Type: Industrial, Investment, Mixed Use, Multi-Family, Retail
Class Type: Multi Family
Sold Info
Sold Date: 2021-12-09T00:00:00
Sqft Info
Rentable Area: 11076
Unit Info
Utilities / Hvac
Courtesy of listing office King and Society Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-25-2024 6:11 AM EST .
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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