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17 Princess St
Charleston, SC 29401
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Landlord and Tenant have invested heavily into their space with recent upgrades. The Landlord is adding new HVAC System to 1st Floor.
  • New Owner can increase cash flow by charging for parking to future tenants. Ideal Property for long term Owner or Investor in high growth corridor.
  • Ability to acquire below replacement cost, in a high growth area that has high barriers to entry.
  • Historically Stable Cash Flow with annual rental increases at below market rents.
  • Current financing rates help owner users and investors achieve excellent yields on their investment.
  • Average household income over $100,000 in Downtown Charleston.

EXECUTIVE SUMMARY

Located one block from King Street and Market Street, in the areas most desirable of King St. Rare surface parking included in sale.

PROPERTY FACTS

Property Type Office
Building Class B
Lot Size 0.12 AC
Rentable Building Area 9,913 SF
No. Stories 2
Year Built/Renovated 1880/2020
Parking Ratio 0.4/1,000 SF
APN / Parcel ID
457-08-02-057
  • 457-08-02-154
Zoning COM - commercial

AMENITIES

  • Bus Line
  • Signage
  • Listing ID: 22604662

  • Date on Market: 3/31/2021

  • Last Updated:

  • Address: 17 Princess St, Charleston, SC 29401

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