Property received ''Accommodations Overlay'' in 2022 and a ''Special Exception'' for a hotel. This property includes a historic 3-Story masonry building built in 1814 and its current 1st floor rear section that includes a large dining room & commercial kitchen. The property sits in the exclusive ''French Quarter'' area of Downtown Charleston, just off of East Bay Street & Vendue Range. The rear half of building recommended being razed and redeveloped.Currently, the 1st floor (+/- 10,000 SF) is laid out perfect for a large high-end restaurant. The existing commercial kitchen is +/- 2800 SF Additional Comments: A recent meeting with the City of Charleston stated that they are willing to rezone the property to allow for high-density residential condos/apartments to any extent that is feasibly possible for the developer. Further detail upon request.Agent estimates as much as +/- 36,624 SF of developable space can be built out on this site. The adjacent +/- 8,000 SF building can be added to the development making a potential total +/- 44,624 SF project.Property has been vacant since 2021.
Anchored: No
Year Built: 1814
County: Charleston
Land Size: 0.22
Title: 35-37 Prioleau Street
Second Property Subtype: Hospitality, Office, Special Purpose
Zoning: City of Charleston - LB - Lim
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash, Contract, Conventional
Property Type: A
Original Price: $6,950,000
Property Use Type: Commercial
Class Type: Special Purpose
Rentable Area: 20162
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office Commercial Specialty Group
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 04-26-2024 11:55 PM EST .
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