MLS# 30377196 | 554 Rutledge Ave Charleston SC | subdivision

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Sold
  • $1,975,000
    No Recent Price Change
  • 554 Rutledge Ave
    Charleston, SC 29403
N/APrice per SqFt
N/ASqFt
89Days on Market
N/AZoning
N/AYear Built
Multi-FamilyUse
460-04-03-136Tax ID
  • MLS# 30377196
  • Commercial Sales
  • Multi-Family
  • Sold

AreaHistoric Charleston - Upper Peninsula
CountyCharleston

Agent Remarks

Proposed, fully entitled 9 unit condo./multi-family development with 4,500 square feet of ground floor office space in the Opportunity Zone. 554 Rutledge Ave., a former Humanities Center, is located in the heart of the Westside neighborhood just North of the Crosstown on the Rutledge Ave. Corridor. Approved plans feature 12,040 square feet of residential living space and approximately 4,500 of office space on 4 floors totaling 19,849 square feet. There are 9 off-street spaces on-site (1 per condo. unit). In addition to Opportunity Zone credits, the project may also qualify for the Abandoned Building Tax Credit. Site plan, permit set, construction budgeting information, and additional details available by request.


Sale Info

Listing Date: 01-15-2021

Sold Date: 05-01-2020

Listing Sold: 
    11 month(s), 13 day(s) ago

Asking Price: $1,975,000

Selling Price: $1,975,000

Price Difference: 
Same as list price

Building Info

Year Built Date:  1,941

Financial

Sale Terms:  Cash to Seller

Sale Price Max Total:  $1,975,000

Sale Price Min Total:  $1,975,000

Lot Info

Acres:  11912.00

Landsize Units:  SF

Misc

Use Type:  Net Leased Investment (NNN), Investment

Property Info

Msa:  Charleston-North Charleston

Title:  Permitted Condo./Multi-Family/Office Development in Opportunity Zone

County:  Charleston

Property Subtype:  Mid-Rise, Mixed Use

Sale / Lease Info

Sold Date:  2020-05-01T00:00:00

Sqft Info

Size Rentable Sf:  19,849

Tax Info

Courtesy of listing office The Boulevard Company, LLC 

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On marshallwalker.com since Fri, Jan 15th 2021
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 04-14-2021 6:56 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 2021 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2021 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-14-2021 6:56 PM EST est.

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