MLS# 29926760 | 989 Morrison Dr Charleston SC | subdivision

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  • $3,750,000
    No Recent Price Change
  • 989 Morrison Dr
    Charleston, SC 29403
N/APrice per SqFt
N/ASqFt
18Days on Market
OTHERZoning
1983Year Built
Retail-CommercialUse
459-01-01-001Tax ID
  • MLS# 29926760
  • Commercial Sales
  • Retail-Commercial
  • Active

AreaHistoric Charleston - Upper Peninsula
CountyCharleston

Agent Remarks

The property is located at the gateway of the North Morrison district which has undergone significant redevelopment and transformation in recent years. The rejuvenation of this area began with the development of the Cool Blow project which consists of a mixed use development with 58 loft style apartments and 20,000 sf of office/retail space that was developed in the late 2000s. More recently, the Half Mile North project. Half Mile North was redeveloped from old warehouses into a technology hub with tenants such as SIB, Blue Acorn, and Integral Solutions. In addition, Half Mile North includes Edmunds Oast Restaurant and Brew Pub, and Butcher and Bee café and deli. Other new developments in the area include 930 North Morrison (930 NoMo) which is a 430-bed multi-story upscale apartment community targeted as student housing, redevelopment of 960 Morrison which is an approximate 23,000 sf office building, and redevelopment of the Cigar Factory which consists of 150,000 sf of office space and 50,000 sf of retail space. In addition to Edmunds Oast, and Butcher and Bee, the area has also seen a resurgence in restaurants, bars and microbreweries including Taco Boy, Revelry Brewing Company, The American, Home Team Barbeque, John Lewis’ Barbeque, Tattooed Moose, Santi’s and Rutledge Cab Co. Planned developments for the area include the Charleston Digital Corridor’s Flagship 3 building which will be located at the corner of Morrison Drive and Conroy Street in close proximity to the property. The building is planned to be a 5-story, 63,000 sf building that is targeted to house start-up, intermediate and growth stage tech companies. This property is zoned UP (Upper Peninsula) in the City of Charleston. It is a 0.59 acre parcel currently developed with an approximate 12,000sf warehouse. The warehouse is approximately 24 feet clear on the interior with a loading dock and a drive in door. This property is ideal for redevelopment.


Building Info

Ceiling Height Min:  24.0

Financial

Sale Price Max Total:  $3,750,000

Sale Price Min:  $3,750,000

Sale Price Min Total:  $3,750,000

Tax Id:  459-01-01-001

Lot Info

Acres:  1

Landsize Min:  1

Landsize Units:  Acre

Misc Features

Loading Docks:  1

Property Info

County:  Charleston

Location Public:  1

Property Status:  Existing

Property Subtype:  Mixed Use, Other

Class Type:  Retail-Commercial

Location:  Redevelopment Opportunity on Morrison Drive

SqFt Info

Sqft:  0

Courtesy of listing office Palmetto Commercial Prop, LLC 

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On marshallwalker.com since Thu, Jan 3rd 2019
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 01-22-2019 8:00am 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 2019 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2019 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 01-22-2019 8:00am est.

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