127 Coming Street is a perfect combination of an idyllic location and outstanding value-add potential. Located steps away from the College of Charleston campus and the lively King Street retail corridor, this well-built asset exemplifies the allure of Downtown Charleston. And with dedicated on-site and off street parking for tenants, which is exceedingly rare in the current Peninsula space-squeeze, this 4-unit, 17 bedroom property is truly an unprecedented opportunity. The excellent location is even sweeter when combined with the unique opportunity to add value to the property. Approvals are currently in place to construct 3 more bedrooms, turning each unit into a 5 bedroom home. Also, there is an opportunity to generate income from the parking spaces that the tenants have access to. There is a pronounced need for parking space on the Peninsula, and with a safe and private lot of 8 dedicated spaces, the opportunity to capitalize is apparent.
This asset commands a long list of robust benefits, chief among them its outstanding location. Situated a mere two blocks from the College of Charleston campus, and the thriving King Street entertainment corridor, 127 Coming Street represents the ideal downtown Charleston locale.
