MLS# 29857860 | 363 King Street Charleston SC | subdivision
843-225-7007
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Charleston, SC 29401
- $221.96Price per SqFt
- 19,373SqFt
- 159Days on Market
- N/AZoning
- 1891Year Built
- Special PurposeUse
- MLS# 29857860
- Commercial Sales
- Special Purpose
- Sold
- Approx Time on MarketN/A
- AreaHistoric Charleston
- CountyCharleston
- Subdivision N/A
Overview
This stately 19,373 square foot mixed use building is located on prestigious King Street's busiest block. The 300 block of King has constant college and tourist foot traffic during working hours and in the evening. The property includes two leased retail spaces 1,480 square feet and 272 square feet, plus 21 rental residential units, one, two and three bedroom apartments. The grand red brick facade was constructed in 1891 and is protected by an historic easement. The rest of the construction behind the facade was built in 1980. The 1980 construction can be demolished and redeveloped or the apartments can be converted from rental apartments to condo units. Charleston city zoning allows for 67,000 square feet to be built on this location. The retail space have is excellent street exposure with abundant display windows. The neighboring retail include such brand names as, Pottery Barn, Urban Outfitters, American Apparel, Lucky Jeans, Gap, Apple, J.Crew, Cynthia Rowley, See, Ann Taylor, Bebe, LaCoste, Victoria's Secret... The building is located between the Orient Express, Charleston Place Hotel and the Francis marion Hotel. The property is contiguous with the College of Charleston's campus.DIRECTIONS: King Street between Calhoun and George Streets.TENANT INFO: GROSS INCOME BREAKDOWN 1,480 SQ. FT RETAIL SPACE: $60,500/YEAR : 272 SQ. FT. RETAIL SPACE $24,000/YEAR 21 RESIDENTIAL RENTAL APARTMENTS: $325,200/YEAR APPROXIMATE N.O.I $340,236
Sale Info
Listing Date: 02-24-2025
Sold Date: 05-01-2012
Listing Sold: 
13 Year(s), 3 month(s), 2 day(s) ago
Asking Price: $4,300,000
Selling Price: $3,582,000
Price Difference:
Reduced By $718,000
Building Info
Anchored: No
Year Built: 1891
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Lot Acres Min: 0.250
Land Size: 0.25
Misc
Title: 363-367 KING STREET
Offer Compensation
Property Info
Second Property Subtype: Special Purpose
Zoning: City of Charleston - MU-2/WH
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash, Other
Property Type: A
Original Price: $4,300,000
Build To Suit: No
Property Use Type: Business, Hospitality, Industrial, Investment, Multi-Family, Other, Retail, Vacant
Class Type: Special Purpose
Sold Info
Sold Date: 2012-05-01T00:00:00
Sqft Info
Rentable Area: 19373
Unit Info
Utilities / Hvac
Courtesy of listing office Maison Real Estate
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