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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
$3,500,000
Price Per SF
$3,102.84
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
  • -
  • -
  • -

ExxonMobil traces its roots to Standard Oil in the late nineteenth century and later emerged through the combination of Exxon and Mobil into the modern company. The business operates across fuels, lubricants, chemicals, and low-carbon solutions, with products and services sold under Exxon, Esso, and Mobil brands. ExxonMobil serves retail and commercial customers through gasoline, diesel, motor oil, fleet offerings, wholesale fuels, and rewards programs. The company maintains a broad global market presence and stands as one of the largest integrated fuels, lubricants, and chemical companies in the world.

  • 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 - - -
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Very bikeable
80/100

Nearby Major Retailers

PNC Bank
Td Bank
Wells Fargo
F45 Training
CrossFit
Starbucks
United Bank
Bartaco
Five Guys
Baja Fresh

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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