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MLS# 30701562 | Charleston Commercial Sales

$7,400,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$7,400,000
26 Cumberland Street
Charleston, SC 29401
  • N/APrice per SqFt
  • N/ASqFt
  • 444Days on Market
  • N/AZoning
  • 1972Year Built
  • HospitalityUse
  • MLS# 30701562
  • Commercial Sales
  • Hospitality
  • Sold

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

Overview

Property sold as part of assemblage. See Catylist #30701567Birchin Lane Realty Advisors is pleased to present this potential hotel site in historic Downtown Charleston, South Carolina. The parcel is at the highly visible corner of Cumberland and State Streets, just steps away from the famed City Market. The site is zoned General Business in the Accommodations Overlay and has a conceptual zoning (BZA) approval for a 50-key hotel with ground floor restaurant and event space. The sale of this parcel would include a vehicle access easement over the adjacent parcel with frontage on Linguard Street. All parking requirements have been met with long term leases in a nearby Charleston County-owned parking garage at the corner of Church and Cumberland Streets.While being sold ""stand alone"", this parcel is part of an overall property assemblage that is also for sale in it's entirety. See Catylist #30701567 for more information on the assemblage.


Sale Info

Listing Date: 01-30-2023

Sold Date: 03-11-2022

Listing Sold: 
   2 Year(s), 1 month(s), 7 day(s) ago

Asking Price: $7,400,000

Selling Price: $7,400,000

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  1972

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Lot Acres Min:  0.140

Land Size:  0.70

Misc

Title:  Downtown Hotel Site with Conceptual BZA Approval

Offer Compensation

Property Info

Second Property Subtype:  Hospitality

Zoning:  City of Charleston - MU-2/WH

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash

Property Type:  A

Original Price:  $7,400,000

Build To Suit:  No

Property Use Type:  Hospitality, Hotel/Motel, Industrial, Multi-Family, Other, Retail, Vacant

Class Type:  Hospitality

Sold Info

Sold Date:  2022-03-11T00:00:00

Sqft Info

Unit Info

Utilities / Hvac

Courtesy of listing office Birchin Lane Realty Advisors, LLC 

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On domicilecharleston.com since Mon, Jan 30th 2023
No Property History recorded for this listing.
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