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1337 King St - 5 Vacant Lots w/F&B Development -Opp Zone 0.69 Acres of Commercial Land Offered at $3,200,000 in Charleston, SC 29403

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INVESTMENT HIGHLIGHTS

  • Prime location

EXECUTIVE SUMMARY

Located in the hottest area in the Upper Peninsula. Five (5) Vacant lots with one (1) lot offering approx. 3500 SF building with Restaurant, F&B, Bar/Tavern Use with Development Opportunity. Approximately 0.69 to 0.94 acre of five (5) Tax ID land parcels in prime Charleston Upper Peninsula area. All five (5) lots offer King Street frontage located near the gateway to Charleston’s new (UP) Upper Peninsula District. Located directly across the street from 1304 Meeting Street soon to be one of the largest Multi-Use development approved by DRB in the UP zoning offering several floors higher than ever before. Property is currently split zoned between GB, LI and SRF. These five (5) parcels are located next to the new Upper Peninsula District, where more height, scale, mass and density are awarded based on building design, methods and uses and will bring new development opportunities never available before. Property is ideal for Restaurant F&B, Mixed Use, Affordable housing, Office, Medical, Multi-Family Residential and Retail. The combination of all five (5) lots on King Street Ext. boasts of a one-of-a-kind development opportunity along King Street, one of downtown Charleston’s most popular main corridors.
1335 King Street next door with approx. 0.49 acre is also For Sale for $3,100,000. Seller is currently surveying all five (5) parcels for accuracy of acreage.
Please Contact listing Broker Kristen Krause for details.
*ALL BUYERS SHALL VERIFY ALL PROPERTY INFORMATION*
Listing agents assume NO responsibility for correctness thereof, nor warrant the accuracy of the information or condition of the property.
Payment of commissions to cooperating brokers are conditioned upon Coldwell Banker Commercial Atlantic being paid by the Seller.
*ALL BUYERS SHALL VERFIY ALL PROPERTY INFORMATION*See
Listing Agents assume NO responsibility for correctness thereof, nor warrant the accuracy of the information or condition of the property. Survey currently being done now for accuracy of lot sizes.
Listing agents assume NO responsibility for correctness thereof, nor warrant the accuracy of the information or condition of the property.
Payment of commissions to cooperating brokers are conditioned upon Coldwell Banker Commercial Atlantic being paid by the Seller.

PROPERTY FACTS

Price $3,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.69 AC
No. Stories 1
Opportunity Zone Yes
Zoning Other

1 LOT AVAILABLE

Lot

Price $3,200,000
Price Per AC $4,637,681.16
Lot Size 0.69 AC

King Street -5 Vacant Lots w/F&B Development -Opportunity Zone

DESCRIPTION

Located in the hottest area in the Upper Peninsula. Five (5) Vacant lots with one (1) lot offering approx. 3500 SF building with Restaurant, F&B, Bar/Tavern Use with Development Opportunity. Approximately 0.69 to 0.94 acre of five (5) Tax ID land parcels in prime Charleston Upper Peninsula area. All five (5) lots offer King Street frontage located near the gateway to Charleston’s new (UP) Upper Peninsula District. Located directly across the street from 1304 Meeting Street soon to be one of the largest Multi-Use development approved by DRB in the UP zoning offering several floors higher than ever before. Property is currently split zoned between GB, LI and SRF. These five (5) parcels are located next to the new Upper Peninsula District, where more height, scale, mass and density are awarded based on building design, methods and uses and will bring new development opportunities never available before. Property is ideal for Restaurant F&B, Mixed Use, Affordable housing, Office, Medical, Multi-Family Residential and Retail. The combination of all five (5) lots on King Street Ext. boasts of a one-of-a-kind development opportunity along King Street, one of downtown Charleston’s most popular main corridors. 1335 King Street next door with approx. 0.49 acre is also For Sale for $3,100,000. Seller is currently surveying all five (5) parcels for accuracy of acreage. Please Contact listing Broker Kristen Krause for details. *ALL BUYERS SHALL VERIFY ALL PROPERTY INFORMATION* Listing Agents assume NO responsibility for correctness thereof, nor warrant the accuracy of the information or condition of the property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 464-14-00-076
  • 464-14-00-077
  • 464-14-00-045
  • 464-14-00-044
  • 464-14-00-078
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$60,590
  • Listing ID: 13108483

  • Date on Market: 7/9/2018

  • Last Updated:

  • Address: 1337 King St, Charleston, SC 29403

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