MLS# 29857860 | 363 King Street Charleston SC | subdivision

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$4,300,000 | N/A beds | N/A full baths | N/A half baths | 19,373 sqft

$3,582,000
363 King Street
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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On marshallwalker.com since Mon, Feb 24th 2025
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity 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 08-02-2025 11:51 PM 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. Copyright 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2025 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 08-02-2025 11:51 PM EST est.

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