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916 Bay Street 916 Bay St 16,642 SF Office Building Beaufort, SC 29902 $6,500,000 ($390.58/SF)
Investment Highlights
- Nearly 20,000 SF of interior space across multiple levels with dual waterfront and Bay Street views.
- Zoned Commercial Residential with active short-term rental permit and existing entitlements for redevelopment.
- Structural design allows full interior reconfiguration without limitations; utility chases simplify future upgrades.
Executive Summary
916 Bay Street presents a rare opportunity to acquire Beaufort’s tallest and most architecturally significant waterfront property. Spanning nearly 20,000 square feet across multiple levels, the building offers sweeping views of the Intracoastal Waterway and direct access to the city’s iconic Waterfront Park. Designed by renowned architect Jim Thomas, the structure combines Brutalist design with enduring materials, creating a bold and timeless identity.
The property features expansive balconies, a 5,000 SF rooftop with 12-foot ceiling heights, and zoning that supports commercial, residential, and mixed-use strategies. With structural flexibility, utility chases, and recent mechanical upgrades, the building is primed for adaptive reuse—whether as luxury residential, boutique hospitality, office, or a mixed-use destination. Its location between Charleston and Savannah, combined with strong pedestrian activity and proximity to dining and retail, positions 916 Bay Street as a premier investment in one of the Southeast’s most supply-constrained coastal markets.
The property features expansive balconies, a 5,000 SF rooftop with 12-foot ceiling heights, and zoning that supports commercial, residential, and mixed-use strategies. With structural flexibility, utility chases, and recent mechanical upgrades, the building is primed for adaptive reuse—whether as luxury residential, boutique hospitality, office, or a mixed-use destination. Its location between Charleston and Savannah, combined with strong pedestrian activity and proximity to dining and retail, positions 916 Bay Street as a premier investment in one of the Southeast’s most supply-constrained coastal markets.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
16,642 SF
Building Class
B
Year Built
1978
Price
$6,500,000
Price Per SF
$390.58
Tenancy
Single
Building Height
5 Stories
Typical Floor Size
3,328 SF
Slab To Slab
12’
Building FAR
2.73
Lot Size
0.14 AC
Zoning
T5-DC - Downtown Commercial
Parking
8 Spaces (0.48 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Fenced Lot
- Waterfront
- Roof Terrace
- Storage Space
- Outdoor Seating
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Main Street Beaufort Usa
- Public Administration
- -
- -
- -
- North & Black PC
- Professional, Scientific, and Technical Services
- -
- -
- -
- R Mikals Realty Company Limited
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Main Street Beaufort Usa | Public Administration | - | - | - | ||
| North & Black PC | Professional, Scientific, and Technical Services | - | - | - | ||
| R Mikals Realty Company Limited | - | - | - | - |
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Property Taxes
| Parcel Number | R120-004-000-0919-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $92,300 |
Property Taxes
Parcel Number
R120-004-000-0919-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$92,300
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