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MLS# 31002015 | Charleston Commercial Sales

$2,350,000 | N/A beds | N/A full baths | N/A half baths | 5,514 sqft

$2,350,000 Reduced -$615,000
567 King Street
Charleston, SC 29403
  • $426.19Price per SqFt
  • 5,514SqFt
  • 201Days on Market
  • N/AZoning
  • 1900Year Built
  • RetailUse
  • MLS# 31002015
  • Commercial Sales
  • Retail
  • Active Contingent

  • Approx Time on Market6 months, 18 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionN/A

Overview

LARGE PRICE REDUCTION (WAS $2,965,000) FOR QUICK SALE.This is an opportunity to acquire a nicely appointed and renovated mixed use building in the booming upper King Street district facing King Street just before the stoplit corner of Cannon Street. This is a bustling quadrant day and night and the building is situated across from local landmark restaurants The Ordinary, Indaco, and The Grocery. The building is also situated just down from the two large Midtown project hotels and the new $61M Roost hotel project just south of this building in the same block. Ground floor retail Tenant subway on new NNN lease and upstairs being used as a large renovated STR unit managed by Stay Duvet. Call Agent for details.Square footage is approximate as Seller is not in possession of a measured drawing. Commercial Real Estate Ventures, LLC does not make any representation or warranty as to the accuracy or completeness of the Informational Materials for this offering and further that the provided information used in the preparation of the Informational Materials herein that has been furnished to Commercial Real Estate Ventures, LLC by others has not been independently verified by Commercial Real Estate Ventures, LLC and is therefore not guaranteed as to completeness or accuracy. Any Potential Purchaser and/or Buyer's Broker(s) agrees that Commercial Real Estate Ventures, LLC shall not have any liability for any reason to the Buyer's Broker(s) or the Potential Purchaser or any Related Parties resulting from the use of the Informational Materials.


Building Info

Anchored:  Yes

Year Built:  1900

Financial

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  567 King Street - Incredible Long Term Upside Investment

Offer Compensation

Property Info

Second Property Subtype:  Hospitality, Multi Family, Retail

Zoning:  City of Charleston - GB - Gen

Nearest Msa:  Charleston-North Charleston, SC

Property Type:  A

Original Price:  $2,965,000

Property Use Type:  Commercial, Investment, Residential, Restaurant, Retail

Class Type:  Retail

Sold Info

Sqft Info

Rentable Area:  5514

Unit Info

Utilities / Hvac

Courtesy of listing office Commercial Real Estate Ventures, LLC 

Mortgage Calculator

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Price & Status History (on domicilecharleston.com since Wed, Oct 18th 2023)
  • Original Price: $2,965,000
  • Current Price: $2,350,000
  • Price Reduced: $615,000
Date ChangedFromTo
03/19/2024ActiveActive Contingent
02/29/2024$2,965,000 $2,350,000 Reduced by $615,000
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 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 05-06-2024 11:54 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 05-06-2024 11:54 PM EST est.

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