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
68 Braswell Street
Charleston, SC 29405
  • N/APrice per SqFt
  • N/ASqFt
  • 448Days on Market
  • N/AZoning
  • N/AYear Built
  • Unimproved LandUse
  • MLS# 30326856
  • Commercial Sales
  • Unimproved 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: 01-30-2023

Sold Date: 12-20-2019

Listing Sold: 
   4 Year(s), 4 month(s), 3 day(s) ago

Asking Price: $15,540,000

Selling Price: $15,540,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Lot Acres Min:  7.900

Land Size:  7.90

Misc

Title:  68 Braswell Street - Waterfront Development

Offer Compensation

Property Info

Second Property Subtype:  Hospitality, Multi Family, Unimproved Land

Zoning:  City of Charleston - PUD - Pl

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $15,540,000

Build To Suit:  No

Property Use Type:  Hospitality, Industrial, Multi-Family, Other, Retail, Showroom

Class Type:  Unimproved Land

Sold Info

Sold Date:  2019-12-20T00:00:00

Sqft Info

Unit Info

Utilities / Hvac

Courtesy of listing office Roadstead Real Estate Advisors, LLC 

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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 04-23-2024 12:30 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 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 04-23-2024 12:30 PM EST est.

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