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165 King Street, Charleston, SC 29401 (MLS# 31002704)

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165 King Street, Charleston, SC 29401

$2,950,000
Property Type: Commercial Sale Square Footage: 4,000 Status: Active
Current Price: $2,950,000 List Date: 2/06/2024 Last Modified: 7/08/2024

Description

This beautiful three-story building is a coveted downtown trophy asset located on historic King Street adjacent to the Gateway Walk in the epicenter of the Charleston Historic Business District in the middle of one of the country's top ten shopping districts. This prized building is occupied by a retail tenant, Sportsman Gallery, on the first floor and a law firm on the second and third floors. The second and third floors are comprised of six rooms, three full baths, a full kitchen, and a mini kitchen. The building has a courtyard and two outdoor decks off of the second and third floors. This is an ideal purchase for a buyer user or an investor. South Carolina's first Four Seasons will be located one block down King Street facing Market Street. A premier location that is walking distance to an abundance of shop, restaurants, hotels, entertainment services, and historic landmarks. The building was built in 1899. Multiple parking decks within walking distance from the building.

More Information MLS# 31002704

Location

Street Number: 165 Street Name: King Street Suffix: Street County: Charleston Nearest MSA: Charleston-North Charleston, SC Submarket/Township: 51 - Peninsula Charleston Inside of Crosstown State or Province: SC Postal Code: 29401 Parcel Number: 457-08-04-035 Opportunity Zone: No

General Information

Status: Active Property Sub Type: Retail Secondary Sub-Type: Office Listing Name: First Time on the Market for Sale in 26 Years Is Condo?: No Property Condition: Existing Building Area Total: 4000 Lot Acres: 0.05 Typical SqFt Per Floor: 1200 LEED Certified: No Zoning: City of Charleston - GB - General Business Property Visibility: Excellent Anchored?: No List Price/Acre: 59000000 List Price/SqFt: 737.5

Contract Information

Listing Contract Date: 2024-02-05 List Price: $2,950,000 Original List Price: 3250000 Current Price: $2,950,000

Building Related

Tenancy: Multiple Tenants General Condition: Good Stories Total: 3 Year Built: 1899

Land Related

Part of Planned Development?: No In Flood Plain?: No

Directions & Remarks

Public Remarks: This beautiful three-story building is a coveted downtown trophy asset located on historic King Street adjacent to the Gateway Walk in the epicenter of the Charleston Historic Business District in the middle of one of the country's top ten shopping districts. This prized building is occupied by a retail tenant, Sportsman Gallery, on the first floor and a law firm on the second and third floors. The second and third floors are comprised of six rooms, three full baths, a full kitchen, and a mini kitchen. The building has a courtyard and two outdoor decks off of the second and third floors. This is an ideal purchase for a buyer user or an investor. South Carolina's first Four Seasons will be located one block down King Street facing Market Street. A premier location that is walking distance to an abundance of shop, restaurants, hotels, entertainment services, and historic landmarks. The building was built in 1899. Multiple parking decks within walking distance from the building.

Status Change Info

Status Change Date: 2024-02-06

Auction Details

Auction: No

Property Features

Property Sub Type: Office; Retail Current Use: Commercial; Mixed Use; Retail Structure Type: Free Standing Retail Clientele: Business; General
Listing Office: Beach Commercial, A Division of The Beach Company
Last Updated: July - 08 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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