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420 Meeting St 1,128 SF Retail Building Charleston, SC 29403 $5,000,000 ($4,432.62/SF)

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Investment Highlights

  • Prime accessibility with close proximity to major highways
  • Premiere frontage o? of Meeting Street
  • Heart of the Peninsula, minutes from King Street
  • Heavy Foot Traffic with many nearby hotels, multifamily properties and the Charleston School of Law

Executive Summary

420 Meeting Street is strategically located in the heart of downtown Charleston, offering
prime visibility along one of the peninsula’s main thoroughfares with an average daily traffic
count of 17,000 vehicles. The site is surrounded by upscale retail, restaurants, multifamily
developments, and hospitality, including The Charleigh, The Guild, Skygarden Apartments,
Morrison Yard, The Francis Marion, The Dewberry, Charleston Place, and Hotel Bennett. The
area continues to experience strong northward growth and redevelopment, making this a
highly desirable investment corridor.
Retail rates from national retailers along King Street range between $85–$95 per square
foot, while Meeting Street averages between $45–$65 per square foot. Prominent national
tenants in the vicinity include Apple, Lululemon, J.Crew, Walgreens, Family Dollar, Intuit,
Vineyard Vines, Pottery Barn, Williams Sonoma, and West Elm, contributing to the area’s
strong retail demand and high pedestrian activity.
Currently occupied by Exxon and Scotchman, this property represents a rare investment
opportunity on the Charleston peninsula. With only five competing gas stations in the area,
high traffic exposure, and proximity to major residential and commercial growth, 420
Meeting Street offers exceptional long-term potential for investors or developers seeking a
high-performing asset in one of Charleston’s most dynamic markets.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
1,128 SF
Building Class
C
Year Built
1992
Price
$5,000,000
Price Per SF
$4,432.62
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
MU-2/WH - MU-2/WH zoning district, which allows for high-density residential and neighborhood commercial uses.
Parking
8 Spaces (7.09 Spaces per 1,000 SF Leased)
Frontage
70’ on Meeting St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Access to energy underpins human comfort, mobility, economic prosperity and social progress. It touches nearly every aspect of modern life. Over the course of its long history of more than a century, ExxonMobil has evolved from a regional marketer of kerosene to an advanced energy and chemical innovator, and one of the largest publicly traded companies in the world. An industry leader in almost every aspect of the energy and chemical manufacturing businesses, they operate facilities or market products in most of the world’s countries, explore for oil and natural gas on six continents, and research and develop next-generation technologies to help meet the dual challenge of fueling global economies while addressing the risks of climate change. Worldwide, ExxonMobil markets fuels, lubricants and chemicals under four brands: Esso, Exxon, Mobil and ExxonMobil.

  • Retailer
  • -
  • -
  • -

Regional gasoline station and convenience store that is part of GPM Investments, LLC.

  • Worsley Operating Corp
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Retailer - - -
Worsley Operating Corp Retailer - - -
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (82)
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.®

Nearby Major Retailers

Starbucks
PNC Bank
Wells Fargo
F45 Training
CrossFit
Pj's Coffee Of New Orleans
United Bank
HomeTrust Bank
ServisFirst Bank
Bartaco

Property Taxes

Property Taxes

Parcel Number
459-09-01-031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$68,350
  • Listing ID: 38242884

  • Date on Market: 10/28/2025

  • Last Updated:

  • Address: 420 Meeting St, Charleston, SC 29403

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