Viewing Listing MLS# 31000553

$12,500,000 | N/A beds | N/A full baths | N/A half baths | 22,389 sqft

$12,500,000 Reduced -$500,000
16 Charlotte Street
Charleston, SC 29403
  • $558.31Price per SqFt
  • 22,389SqFt
  • 417Days on Market
  • N/AZoning
  • 1835Year Built
  • OfficeUse
  • MLS# 31000553
  • Commercial Sales
  • Office
  • Active Contingent

  • Approx Time on Market1 year, 1 month, 20 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionN/A

Overview

Birchin Lane Realty is pleased to exclusively present 16 Charlotte St., 102 Alexander Street & 515 East Bay St., a rare and irreplicable assemblage of over 1.12 acres in the heart of historic downtown Charleston. This property encompasses almost an entire city block and boasts frontage on 3 streets, offering unbeatable visibility and accessibility.With over 22,000 SF of interior space currently used as class A office and retail, this property is perfect for a variety of businesses or re-development. The 4 buildings, plus an expansive walled parking area with parking for over 50 vehicles, offer plenty of room to grow and expand.Step outside and take in the lush landscaped and walled gardens, complete with a shaded courtyard perfect for hosting a variety of events. This downtown oasis offers an irreplaceable level of privacy, while still being centrally located with quick access to all major highways and just a short walk to other businesses and restaurants.The historic brick buildings, dating back to 1835, feature beautifully restored millwork and expansive 12+ foot ceilings, adding to their historic charm. Relax or entertain on one of the large covered piazzas while enjoying all the modern amenities of a new office, including a state-of-the-art wired security system with key fob access to all rooms, wired video surveillance, and modernized mechanical systems.The property is zoned Limited Business, allowing for a wide variety of both commercial and residential uses, including but not limited to office, retail, and event space. Additionally, this property presents a unique opportunity for a campus user in downtown Charleston's historic district.515 East Bay & 102 Alexander St. are currently a retail store with great visibility, yet since it is not historic, this property along with the excess land at 102 Alexander offers a developer the opportunity to build something new. The underlying LB zoning permits dense residential development and up to 5 stores to be constructed with the potential for expansive views of both downtown Charleston and the Cooper River. Don't miss out on this rare opportunity to own a piece of history in one of the most sought-after areas of Charleston. Contact us today to schedule a private tour and see all this property has to offer!


Building Info

Anchored:  No

Year Built:  1835

Financial

Garage / Parking

Parking Type:  Surface

Lot Info

County:  Charleston

Land Size:  1.12

Misc

Class of Space:  Class A

Title:  16 Charlotte St & 515 East Bay Assemblage

Offer Compensation

Property Info

Second Property Subtype:  Multi Family, Office, Retail

Zoning:  City of Charleston - LB - Lim

Nearest Msa:  Charleston-North Charleston, SC

Property Type:  A

Original Price:  $1

Property Use Type:  Commercial, Office

Class Type:  Office

Sold Info

Sqft Info

Rentable Area:  22389

Unit Info

Utilities / Hvac

Courtesy of listing office Birchin Lane Realty Advisors, LLC 

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Price & Status History (on constantproperties.com since Mon, Mar 6th 2023)
  • Original Price: $1
  • Current Price: $12,500,000
  • Price Increased: $12,499,999
Date ChangedFromTo
04/11/2024ActiveActive Contingent
01/17/2024$13,000,000 $12,500,000 Reduced by $500,000
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 Constant Properties 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 04-27-2024 7:27 AM 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 04-27-2024 7:27 AM EST est.

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