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MLS# 31003154 | Charleston Commercial Sales

$5,500,000 | N/A beds | N/A full baths | N/A half baths | 10,000 sqft

$5,500,000 No Recent Price Change
420 King Street
Charleston, SC 29403
  • $550Price per SqFt
  • 10,000SqFt
  • 27Days on Market
  • N/AZoning
  • N/AYear Built
  • RetailUse
  • MLS# 31003154
  • Commercial Sales
  • Retail
  • Active

  • Approx Time on Market27 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionN/A

Overview

Welcome to 420 King Street, a prime mixed-use building in the heart of downtown Charleston's bustling Upper King Street district. The property offers an excellent opportunity for investors seeking a lucrative venture in one of the most sought after retail and entertainment corridors in the southeast.Comprising a dynamic blend of office and residential units on the second floor, along with two attractive retail spaces on the ground floor, 420 King Street offers versatility and potential. National retailer FP Movement provides stable income for the next eight years, with renewal options beyond that. Perfectly situated within an Opportunity Zone, this property presents advantageous tax incentives for investors. The high-profile Upper King Street area is renowned for its vibrant atmosphere, boasting an array of luxury hotels, local and national boutique shops, nationally renowned restaurants, and thriving nightlife establishments. Surrounded by several hundred apartment units, the College of Charleston campus, and the picturesque Marion Square, which hosts a myriad of events throughout the year, 420 King Street enjoys a strategic location that ensures a steady stream of foot traffic and business opportunities. ALL SHOWINGS REQUIRE 48 HOUR NOTICE.This information has been secured from sources Colony Commercial, LLC believes to be reliable, but Colony Commercial, LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, lease terms, or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.


Building Info

Anchored:  No

Financial

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  420 King Street

Offer Compensation

Property Info

Second Property Subtype:  Multi Family, Retail

Zoning:  City of Charleston - GB - Gen

Nearest Msa:  Charleston-North Charleston, SC

Property Type:  A

Original Price:  $5,500,000

Property Use Type:  Mixed Use, Retail

Class Type:  Retail

Sold Info

Sqft Info

Rentable Area:  10000

Unit Info

Utilities / Hvac

Courtesy of listing office Colony Commercial LLC 

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On domicilecharleston.com since Thu, Apr 4th 2024
No Property History recorded for this listing.
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 05-02-2024 6:21 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 05-02-2024 6:21 AM EST est.

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