Viewing Listing MLS# 31001610

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$1,800,000 | N/A beds | N/A full baths | N/A half baths | 6,400 sqft

$1,800,000 Reduced -$195,000

1100 King Street
Charleston, SC 29403

$281.25Price per SqFt
6,400SqFt
260Days on Market
N/AZoning
1965Year Built
RetailUse

MLS# 31001610
Commercial Sales
Retail
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Approx Time on Market8 months, 16 days
AreaHistoric Charleston - Upper Peninsula
CountyCharleston
SubdivisionN/A

Overview

Opportunity Zone investment; Zoned: General Business; Two parcels (463-12-03-116 & 117); Three King St. storefronts; 63' King St. frontage; 6,401 sq. ft. existing space; 5,497 sq. ft. ground floor, in three suites: 1100, 1102 & 1104 King St., & 904 sq. ft. second-floor conditioned space; (plus 671 sq. ft. ''unfinished'' second-floor space NOT included in total). Two tenants in place; with NO long-term leases. Ten (10) existing off-street parking spaces accessed via Simons St.; Improvements constructed in 1973 & 1965 of block & wood-frame. Combined lots total +/-13,750 sq. ft. (9,584 & 4,181). Survey and proposed redevelopment plans in photos. Proposed plans show three (3) ground floor commercial spaces & four (4) second-floor apartments with fifteen (15) off-street parking spaces. Another plan shows one, four-bedroom second-floor residence. Area rapidly transforming with nearby mixed-use & multi-family construction with more to come!

Building Info

Anchored: Yes

Year Built: 1965

Financial

Garage / Parking

Parking Type: Surface

Lot Info

County: Charleston

Land Size: 0.32

Misc

Title: 1100, 1102 & 1104 King St.

Offer Compensation

Property Info

Second Property Subtype: Multi Family, Office, Retail

Zoning: City of Charleston - GB - Gen

Nearest Msa: Charleston-North Charleston, SC

Property Type: A

Original Price: $2,295,000

Property Use Type: Commercial, Retail, See Remarks

Class Type: Retail

Sold Info

Sqft Info

Rentable Area: 6400

Unit Info

Utilities / Hvac

Water Source: Public

Sewer: Public Sewer

Directions

From Calhoun, North on King St.; Property located between Romney & Simons Sts.

Courtesy of listing office Charleston Property Brokers

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Price & Status History (on constantproperties.com since Thu, Aug 17th 2023)

Original Price: $2,295,000
Current Price: $1,800,000
Price Reduced: $495,000

Date Changed	From	To
04/29/2024	$1,995,000	$1,800,000 Reduced by $195,000
02/26/2024	$2,295,000	$1,995,000 Reduced by $300,000

Residential, Land, Other Disclaimer:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Constant Properties are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 05-03-2024 6:06 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 05-03-2024 6:06 PM EST est.

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