Charleston, SC 29401
- $731.80Price per SqFt
- 5,466SqFt
- 451Days on Market
- N/AZoning
- 1903Year Built
- RetailUse
- MLS# 30634254
- Commercial Sales
- Retail
- Sold
- Approx Time on MarketN/A
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionN/A
Overview
Avaiable for purchase is the recently renovated mixed use property in the heart of King Street. The property is fully leased to two reputable retailers on the first floor, Salt Life and Sugar OMG, as well as a 5 bed room apartment on the second & third floor.The retail was renovated and leased in 2019/2020 on triple net leases with annual escalations. Salt Life is a national company owned by Delta Apparel which has a market cap of over $80M. The 5 bed residential unit was renovated in 2018 and has 2 kitchens and 5.5 baths. Additionally, the unit can be divided into two units, as there is a connecting interior door that connects the units.The property is located amongst other major retailers including Apple, Pottery Barn, William Sonoma, Yeti, Sephora, Marine Layer, Steve Madden and many more. Additionally, the property is a block of College of Charleston's campusand has a walk score of 96.
Sale Info
Listing Date: 01-30-2023
Sold Date: 01-25-2021
Listing Sold:
3 Year(s), 3 month(s), 0 day(s) ago
Asking Price: $4,000,000
Selling Price: $4,000,000
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1903
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Land Size: 0.00
Misc
Title: 316 King Street - Stabilized Retail / Resi Investment
Offer Compensation
Property Info
Second Property Subtype: Retail
Zoning: City of Charleston - GB - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash, Other
Property Type: A
Original Price: $4,000,000
Build To Suit: No
Property Use Type: Hospitality, Industrial, Investment, Mixed Use, Multi-Family, Other, Retail
Class Type: Retail
Sold Info
Sold Date: 2021-01-25T00:00:00
Sqft Info
Rentable Area: 5466
Unit Info
Utilities / Hvac
Courtesy of listing office Keller Williams Realty Charleston
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