240 Calhoun St - Storefront Retail/Residential FOR SALE


Charleston, SC 29401
$1,700,000 USD
602-625-3104
240 Calhoun St, Charleston, SC for Sale
$1,700,000 USD
Storefront Retail/Residential - FOR SALE
1/41
null | Request Cap Rate

240 Calhoun St
Charleston, SC 29401


HIGHLIGHTS

  • The Owner will benefit from a highly coveted location.
  • Walking distance to MUSC (0.3 miles) and CofC (0.2 miles), 0.5 miles from James Island Connector, and 2 miles from the Ravenel Bridge.
  • Located 0.4 miles from landmark Charleston's King Street

OVERVIEW

Developed corner lot on Calhoun Street in Downtown Charleston with 11 off street parking spaces. This 1886 building consists of a 2-story structure, currently operating as a florist shop downstairs (~1,072.7 SF) and residence upstairs (~1,146.3 SF). Both levels have separate exterior entrances. This property is zoned Commercial Transitional in the City of Charleston and allows for a wide variety of commercial and residential uses, including being in STR Category 1. The property is a turnkey live/work opportunity but allows for a wide variety of potential: office or retail space, income producing investment property (commercial, residential, student or medical housing, short term vacation rental, etc.), or redevelopment project. 9, 700 vehicles per day on Calhoun St. TMS #s 460-15-04-049 and 460-15-04-050. Total acreage: 0.15. Total SF: approx. 2,219. Buyer to verify SF if important. HVACs and Water Heater recently replaced. See attached for photos, floorplan, and virtual tour. Sold as-is and pricing not based on per SF basis.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$766 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1886

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CT

APN/PARCEL ID

460-15-04-049,460-15-04-050

ASK ABOUT THIS PROPERTY

April CurciCarolina One Commercial Real EstateMore Info
602-625-3104

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April CurciCarolina One Commercial Real EstateMore Info
602-625-3104

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