Address
109 - 117 Spring St Charleston, SC
Price
$ 8,500,000
Property Attributes
  • MLS#30623127
  • TypeCommercial
  • CountyCHARLESTON
  • CityCharleston
  • AreaCharleston Inside Crosstown
  • Zip29403
  • Style
  • Price$ 8,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Lee & Associates - Charleston
Data Source:
Charleston Trident
Property Description

The current opportunity presents a variety of development opportunities otherwise unavailable in downtown Charleston, SC just two blocks from historic King Street. With a comfortable and safe urban setting built for the upscale shopper, tourist or local, Spring Street has become the most unique and vibrant corridor in downtown Charleston, SC. This unique portfolio of contiguous parcels is located in Charleston’s Short-Term Overlay District, which accounted for more than half of all short-term rentals in the state of South Carolina in 2018. Additionally, Charleston, SC in recent years has been recognized as a top wedding destination and consistently sees strong wedding-related activity tourism primarily in the Downtown region. Consequently, the portfolio is one door down from Cannon Green, one of downtown Charleston’s premier wedding and event spaces, which would provide a strong opportunity to form a built-in customer base for both hotel and/or short-term rental uses. The accompanying feasibility study provided by local firm LS3P Architects shows a variety of options for a true mixed-use development, featuring retail, hotel, multi-family and short-term rental uses with the required parking. Please call for details!

Price History
6/23/2020 Listed $1

General Features

Property Sub Type Duplex/Fourplex, Low-Rise/Garden, Mixed Use, Student Housing, Other
Property Type Multi-Family
Submarket 51 - Peninsula Chas. inside of crosstown

Interior Features

Landsize Max 0.710
Landsize Min 0.710
Landsize Units Acre

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 29403

Price
AVG $3.32M
$8.5M
Visits
AVG 112
207
Walkscore
AVG 80
93
Data Provided by Walkscore ® not using MLS data

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