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MLS# 30662227 | Charleston Commercial Sales

$5,450,000 | N/A beds | N/A full baths | N/A half baths | 5,100 sqft

$5,450,000
29 Broad Street UNIT A,B,C
Charleston, SC 29401
  • $1,068.63Price per SqFt
  • 5,100SqFt
  • 445Days on Market
  • N/AZoning
  • 1790Year Built
  • RetailUse
  • MLS# 30662227
  • Commercial Sales
  • Retail
  • Sold

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

Overview

A rare opportunity to own the McCauley Davis Building circa 1790, which has been meticulously and lovingly renovated into three income producing units. Located near the historic intersection of Broad and East Bay, this property has multiple opportunities as an investment property or a grand private residence with further rental income from one or two units. Unit A, is an elegant retail space on the first floor with Unit C as a Luxury 3 Bedroom, 3 1/2 Bath residence above and a Unit B, a Spectacular 2 Bedroom 2 1/2 bath residence behind. The two residential units can be combined into one large home to make a 5-bedroom, 5 full bath, 2 half bath residence. From the hand milled woodwork to the custom plaster walls every detail has been thought of and executed to perfection.Featured in numerous magazines and newspaper this property is a Broad Street trophy. New Mansard and copper roofs, Antique wood floors, custom ironwork, Hensel stone doors, Forbes and Lomax brass light switches, every detail was meticulously designed and placed. Exposed brick walls, custom plaster accents throughout. Gas fireplaces in the kitchens and living room welcome you at the touch of a button. Custom kitchens built by HWC with Wolf, Sub Zero and Bluestar appliances, gas ranges, built in microwaves are a chef's delight. Living Brass plumbing fixtures throughout both units.Unit C with the master bedroom encompassing the entire 4th floor has a wine fridge and wet bar for entertaining on the rooftop. The master bathroom is a sight to behold with large soaking tub and oversized glass shower and remarkable tile work. Enjoy the amazing gigantic rooftop deck with electric remote-controlled sliding glass roof. Here you will find the most spectacular 360-degree views of Charleston- from the Ravenel Bridge, Broad Street, Fort Sumter to the Battery. Entertain and dine under the Charleston stars and above the rooftops of some of the most historic homes in the country.Two large bedrooms on the 2nd floor of Unit C each have their own ensuite bathrooms. One with a small private terrace to enjoy the outdoors.Unit B, the Back two story 2 Bedroom residence was a historic warehouse has been transfomred into a romantic getaway with a walled private garden, French Limestone patio and water fountain. Step out of the master bedroom onto your 30' balcony to enjoy your morning coffee.29 Broad is in an X flood zone which does not require flood insurance. This property has been renovated and completely rebuilt from top to bottom by acclaimed Renew Urban and Kevan Hoertdoerfer architects.Just Steps to the best restaurants in the city and Shopping on King Street. Stroll over to Waterfront park or the Battery or peruse the art galleries in the French Quarter. When it comes to relaxation in the heart of the Holy City, it doesn't get any better than this. Whether you're looking for the perfect property, a premiere Charleston location, or a sophisticated turnkey income producing investment, there is no better property than 29 Broad Street.Unit C is rented until 7/1/2021 for $8500 month. Unit B is rented through 5/1 for $8760 month. Regime is in the process of being drafted and separate tax map numbers. This sale is for the entire building including the retail space which is currently leased to listing agent. Require 24-48 hour notice for tenants. Agent to accompany all showings. If square footage is important, please measure. NOI available upon request.


Sale Info

Listing Date: 01-30-2023

Sold Date: 12-16-2021

Listing Sold: 
   2 Year(s), 4 month(s), 3 day(s) ago

Asking Price: $5,450,000

Selling Price: $5,450,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1790

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  29 Broad ABC

Offer Compensation

Property Info

Ceiling Height Maximum:  10.00

Second Property Subtype:  Retail

Zoning:  City of Charleston - LB - Lim

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $5,450,000

Build To Suit:  No

Property Use Type:  Industrial, Investment, Mixed Use, Multi-Family, Retail

Class Type:  Retail

Sold Info

Sold Date:  2021-12-16T00:00:00

Sqft Info

Rentable Area:  5100

Unit Info

Unit:  A,B,C

Utilities / Hvac

Courtesy of listing office Constant Properties 

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On domicilecharleston.com since Mon, Jan 30th 2023
No Property History recorded for this listing.
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Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-19-2024 6:56 PM EST est.

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