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MLS# 30039527 | Charleston Commercial Sales

$2,600,000 | N/A beds | N/A full baths | N/A half baths | 6,567 sqft

$2,600,000
127 Coming Street
Charleston, SC 29401
  • $395.92Price per SqFt
  • 6,567SqFt
  • 449Days on Market
  • N/AZoning
  • 1977Year Built
  • Multi FamilyUse
  • MLS# 30039527
  • Commercial Sales
  • Multi Family
  • Sold

  • Approx Time on MarketN/A
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionN/A

Overview

127 Coming Street is a perfect combination of an idyllic location and outstanding value-add potential. Located steps away from the College of Charleston campus and the lively King Street retail corridor, this well-built asset exemplifies the allure of Downtown Charleston. And with dedicated on-site and off street parking for tenants, which is exceedingly rare in the current Peninsula space-squeeze, this 4-unit, 17 bedroom property is truly an unprecedented opportunity. The excellent location is even sweeter when combined with the unique opportunity to add value to the property. Approvals are currently in place to construct 3 more bedrooms, turning each unit into a 5 bedroom home. Also, there is an opportunity to generate income from the parking spaces that the tenants have access to. There is a pronounced need for parking space on the Peninsula, and with a safe and private lot of 8 dedicated spaces, the opportunity to capitalize is apparent.


Sale Info

Listing Date: 01-30-2023

Sold Date: 06-26-2017

Listing Sold: 
   6 Year(s), 9 month(s), 29 day(s) ago

Asking Price: $2,600,000

Selling Price: $2,600,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1977

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Parking Type:  Surface

Lot Info

County:  Charleston

Lot Acres Min:  0.170

Land Size:  0.17

Misc

Title:  Downtown Multifamily

Offer Compensation

Property Info

Second Property Subtype:  Multi Family

Zoning:  City of Charleston - DR-2 - D

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $2,600,000

Build To Suit:  No

Property Use Type:  Investment, Multi-Family

Class Type:  Multi Family

Sold Info

Sold Date:  2017-06-26T00:00:00

Sqft Info

Rentable Area:  6567

Unit Info

Utilities / Hvac

Water Source:  Public

Sewer:  Public Sewer

Courtesy of listing office Colliers International South Carolina Inc 

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On domicilecharleston.com since Mon, Jan 30th 2023
No Property History recorded for this listing.
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