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MLS# 30612040 | Charleston Commercial Sales

$8,900,000 | N/A beds | N/A full baths | N/A half baths | 10,689 sqft

$8,900,000
501 King Street
Charleston, SC 29403
  • $832.63Price per SqFt
  • 10,689SqFt
  • 445Days on Market
  • N/AZoning
  • 1950Year Built
  • RetailUse
  • MLS# 30612040
  • Commercial Sales
  • Retail
  • Sold

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

Overview

Highly desired location in bustling Upper King and in an Opportunity Zone, 501 King Street & 9 Morris are an easy walk to the surrounding apartments, hotels and downtown residential neighborhoods. Recently benefiting from more than a billion dollars worth of development, with a second phase coming (click link below to view the next round of approved development projects exceeding $1 billion), this area has become the focal point of the Charleston Peninsula. The result has been a unique historic streetscape, numerous hotels, apartments and office buildings and a very dynamic culinary and retail scene. Possibility exists to activate the rooftop for patron use and the excess land in the rear can be for a future development.**Several pictures were included to show the space as previously used. The distilling equipment has been removed.**


Sale Info

Listing Date: 01-30-2023

Sold Date: 08-03-2021

Listing Sold: 
   2 Year(s), 8 month(s), 17 day(s) ago

Asking Price: $8,900,000

Selling Price: $8,900,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1950

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  Upper King Building - Excess Land - Parking (Opportunity Zone)

Offer Compensation

Property Info

Ceiling Height Maximum:  21.00

Second Property Subtype:  Retail

Zoning:  City of Charleston - GB - Gen

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $8,900,000

Build To Suit:  No

Property Use Type:  Business, Investment, Restaurant, Retail

Class Type:  Retail

Sold Info

Sold Date:  2021-08-03T00:00:00

Sqft Info

Rentable Area:  10689

Unit Info

Utilities / Hvac

Courtesy of listing office Price Ventures, LLC 

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On domicilecharleston.com since Mon, Jan 30th 2023
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 04-20-2024 10:28 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 04-20-2024 10:28 AM EST est.

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