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20 Cypress St - 20 Cypress Street Land 0.06 Acres of Commercial Land Offered at $359,000 in Charleston, SC 29403

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INVESTMENT HIGHLIGHTS

  • Fully entitled 0.06-acre vacant lot located at 10 Cypress Street (previously known as 20 Brigade St.) Exclusive opportunity to acquire a prime, fully entitled 0.06-acre vacant lot located at 10 Cypress Street (previously known as 20 Brigade St.), which s

EXECUTIVE SUMMARY

Exclusive opportunity to acquire a prime, fully entitled 0.06-acre vacant lot located at 10 Cypress Street (previously known as 20 Brigade St.), which serves a a major east-west conduit. Located in the thriving corridor of Downtown Charleston's Upper Peninsula Technology Corridor, it has immediate access to Interstate 26 (on very wide Cypress St.) and walkable to Home Team, Lewis BBQ, Edmunds Oast, and myriad other venues. This asset is situated in a designated Opportunity Zone, and contiguously bordering on the future Low Line linear park next to an activated node called "The Columns". The project has full vested rights for a 2 1/2 story, 2,650 sq. ft. office- perfect for a "right sized" owner occupied office user, retail user, restaurant, and or mixed use. All approvals and DD materials from top professionals confer and are transferable.
Location:
Address: 10 Cypress Street, Downtown Charleston.
Zone: Limited Business (LB)
Opportunity Zone Benefits:
Investing in this parcel offers potential substantial tax advantages due to its location within an Opportunity Zone. By aligning your investment strategies with community development, you can achieve deferred, reduced, or even eliminated capital gains taxes, potentially providing a higher overall return on investment.
Seize this unique opportunity to invest in Charleston’s prosperous future and realize unparalleled value creation and growth. Contact us to discuss the potential and details of 10 Cypress Street.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $359,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
Total Lot Size 0.06 AC
Opportunity Zone Yes
Zoning LB - Limited Business

1 LOT AVAILABLE

Lot

Price $359,000
Price Per AC $5,983,333.33
Lot Size 0.06 AC

Fully entitled 0.06-acre vacant lot located at 10 Cypress Street (previously known as 20 Brigade St.)

DESCRIPTION

Exclusive opportunity to acquire a prime, fully entitled 0.06-acre vacant lot located at 10 Cypress Street (previously known as 20 Brigade St.), which serves a a major east-west conduit. Located in the thriving corridor of Downtown Charleston's Upper Peninsula Technology Corridor, it has immediate access to Interstate 26 (on very wide Cypress St.) and walkable to Home Team, Lewis BBQ, Edmunds Oast, and myriad other venues. This asset is situated in a designated Opportunity Zone, and contiguously bordering on the future Low Line linear park next to an activated node called "The Columns". The project has full vested rights for a 2 1/2 story, 2,650 sq. ft. office- perfect for a "right sized" owner occupied office user. All approvals and DD materials from top professionals confer and are transferable. Location: Address: 10 Cypress Street, Downtown Charleston. Zone: Limited Business (LB) Opportunity Zone Benefits: Investing in this parcel offers potential substantial tax advantages due to its location within an Opportunity Zone. By aligning your investment strategies with community development, you can achieve deferred, reduced, or even eliminated capital gains taxes, potentially providing a higher overall return on investment. Seize this unique opportunity to invest in Charleston’s prosperous future and realize unparalleled value creation and growth. Contact us to discuss the potential and details of 10 Cypress Street.

Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
463-12-02-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$16,800
  • Listing ID: 29661195

  • Date on Market: 9/29/2023

  • Last Updated:

  • Address: 20 Cypress St, Charleston, SC 29403

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