MLS# 30424975 | 518 E Bay Street Charleston SC | subdivision

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$4,900,000 | N/A beds | N/A full baths | N/A half baths | 16,000 sqft

$4,900,000
518 E Bay Street
Charleston, SC 29403
  • $306.25Price per SqFt
  • 16,000SqFt
  • 444Days on Market
  • N/AZoning
  • 1951Year Built
  • Multi FamilyUse
  • MLS# 30424975
  • Commercial Sales
  • Multi Family
  • Sold

  • Approx Time on MarketN/A
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionN/A

Overview

16,000 sf building on 2/3 acre site accessing two streets entitled for 5 stories, no variance needed. Perfectly located high end condo development or professional office redevelopment or build new. 40 t0 60 condos possible with unobstructed water views of shipping channel , Arthur Ravenel Bridge and beyond ! 5 min walk to Charlotte St Waterfront Park and 10 min to new Gadsdenboro Condos and city Park! Downtown office parking problem solved! Short term lease possible for buyer while plans move through city to develop. Possible overflow parking nearby. Light industrial zoning in place.


Sale Info

Listing Date: 01-30-2023

Sold Date: 12-29-2021

Listing Sold: 
   2 Year(s), 3 month(s), 21 day(s) ago

Asking Price: $4,900,000

Selling Price: $4,900,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1951

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Parking Type:  Structure, Surface

Lot Info

County:  Charleston

Lot Acres Min:  0.670

Land Size:  0.67

Misc

Class of Space:  Class A

Title:  Multi Family ,High End Downtown Condo Site

Offer Compensation

Property Info

Second Property Subtype:  Multi Family

Zoning:  City of Charleston - MU-2/WH

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $4,900,000

Build To Suit:  No

Property Use Type:  Investment, Multi-Family

Class Type:  Multi Family

Sold Info

Sold Date:  2021-12-29T00:00:00

Sqft Info

Rentable Area:  16000

Unit Info

Utilities / Hvac

Courtesy of listing office Coldwell Banker Comm/Atlantic Int'l  - 8437449877

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On marshallwalker.com since Mon, Jan 30th 2023
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 04-19-2024 7:28 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. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-19-2024 7:28 AM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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