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510 Meeting St - 100-Key Hotel Development Opportunity 0.46 Acres of Commercial Land Offered at $13,000,000 in Charleston, SC 29403

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INVESTMENT HIGHLIGHTS

  • 4-parcel redevelopment project located on Meeting Street in Charleston, SC
  • Positioned at the Meeting Street Exit Ramp from Interstate 26
  • Located in an Opportunity Zone
  • Ideally situated at the “Gateway to the City,” where the former Grace Memorial Bridge welcomed visitors to Charleston
  • Will consider a long-term ground lease

EXECUTIVE SUMMARY

On behalf of ownership, NAI Charleston is delighted to introduce the opportunity to acquire a 4-parcel redevelopment project
located on Meeting Street in Charleston, SC. This project includes a ±0.46 acre land assemblage that is entitled to become a 100-key hotel development. The envisioned project will consist of five floors with the first floor as a mezzanine. The property is ideally situated at the “Gateway to the City,” where the former Grace Memorial Bridge welcomed visitors to Charleston. Currently, it is positioned at the Meeting Street Exit Ramp from Interstate 26. Seller will consider a long-term ground lease please call for pricing guidance.

PROPERTY FACTS

Price $13,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Hotel
Total Lot Size 0.46 AC
Opportunity Zone Yes
Zoning GB - General Business, Accommodations Overlay, Up to 5 Stories

1 LOT AVAILABLE

Lot

Price $13,000,000
Price Per AC $28,260,869.57
Lot Size 0.46 AC

4-parcel redevelopment project located on Meeting Street in Charleston, SC. This project includes a ±0.46 acre land assemblage that is entitled to become a 100-key hotel development.

DESCRIPTION

On behalf of ownership, NAI Charleston is delighted to introduce the opportunity to acquire a 4-parcel redevelopment project located on Meeting Street in Charleston, SC. This project includes a ±0.46 acre land assemblage that is entitled to become a 100-key hotel development. The envisioned project will consist of five floors with the first floor as a mezzanine. The property is ideally situated at the “Gateway to the City,” where the former Grace Memorial Bridge welcomed visitors to Charleston. Currently, it is positioned at the Meeting Street Exit Ramp from Interstate 26. *Will consider a long-term ground lease.

Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (81)
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 Numbers
Multiple
  • 459-05-03-078
  • 459-05-03-079
  • 459-05-04-222
  • 459-05-03-077
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$92,620
  • Listing ID: 33353847

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 510 Meeting St, Charleston, SC 29403

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