MLS# 30326856 | 68 Braswell Street Charleston SC | subdivision

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$15,540,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$15,540,000 No Recent Price Change
68 Braswell Street
Charleston, SC 29405
  • N/APrice per SqFt
  • N/ASqFt
  • 276Days on Market
  • N/AZoning
  • N/AYear Built
  • Vacant LandUse
  • 4660000043Tax ID
  • MLS# 30326856
  • Commercial Sales
  • Vacant Land
  • Sold

  • Approx Time on MarketN/A
  • AreaHistoric Charleston - Upper Peninsula
  • CountyCharleston
  • SubdivisionN/A

Overview

68 Braswell Street presents a unique opportunity to purchase an extremely rare 7.9 acre commercial waterfront site. The property’s location allows for a multitude of potential uses, including but not limited to marina/dry stack, hotel, multifamily, office, and retail. The surrounding Magnolia Site is the largest development tract available on the Charleston Peninsula. The City of Charleston proposes allowing building heights of up to 120 feet in this area with high density zoning. The property has an existing concrete pier in place that will benefit and aid in the construction and operation of a marina/dry stack. The approximate water depth at low tide is 30 feet. *This property is in a SC Opportunity Zone and qualifies for large capital gains tax breaks for Opportunity Fund investors.


Sale Info

Listing Date: 01-15-2021

Sold Date: 12-20-2019

Listing Sold: 
   1 Year(s), 9 month(s), 29 day(s) ago

Asking Price: $15,540,000

Selling Price: $15,540,000

Price Difference: 
Same as list price

Building Info

Visibility:  Excellent

Financial

Sale Terms:  Cash to Seller

Sale Price Max Total:  $15,540,000

Sale Price Min Total:  $15,540,000

Lot Info

Acres:  7.90

Landsize Units:  Acre

Misc

Zoning:  I

Property Info

Msa:  Charleston-North Charleston

Title:  68 Braswell Street - Waterfront Development

County:  Charleston

Property Subtype:  Hospitality, Multi-Family, Office, Retail, Vacation/Resort, Other

Sale / Lease Info

Sold Date:  2019-12-20T00:00:00

Sqft Info

Tax Info

Taxing Authority:  City of Charleston

Courtesy of listing office Roadstead Real Estate Advisors, 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 10-18-2021 11:00 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 10-18-2021 11:00 PM EST est.

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