20 Cypress St - Commercial LAND FOR SALE


Charleston, SC 29403- NOMO2,614 SF
$359,000 USD
678-595-6254
20 Cypress St, Charleston, SC for Sale
$359,000 USD
Commercial LAND - FOR SALE
1/2
2,614 SF

20 Cypress St
Charleston, SC 29403
NOMO


HIGHLIGHTS

  • Downtown Charleston's Upper Peninsula Technology Corridor
  • This asset is situated in a designated Opportunity Zone
  • Walkable to Home Team, Lewis BBQ, Edmunds Oast, and myriad other venues.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$359,000 USD

PRICE/ACRE

$5,982,418/AC

PRICE/SF

$137 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

20 Cypress Street Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Office, Mixed Use, Multi-Family

LAND ACRES

0.06 AC

LAND SF

2,614 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LB

APN/PARCEL ID

463-12-02-005

ASK ABOUT THIS PROPERTY

Andrew BatkinsWoodlock CapitalMore Info
678-595-6254

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Andrew BatkinsWoodlock CapitalMore Info
678-595-6254

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.