MLS# 30424975 | 518 E Bay Street Charleston SC | subdivision
843-225-7007
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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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