309 King St - Storefront FOR SALE


Charleston, SC 29401
$6,596,000 USD
843-725-7835
309 King St, Charleston, SC for Sale
$6,596,000 USD
Storefront - FOR SALE
1/6
null | 5.75% Cap Rate

309 King St
Charleston, SC 29401


OVERVIEW

Located at 309 King Street in Charleston’s Historic Downtown, this prime retail space sits in the heart of the Middle King Street Fashion District, home to luxury brands like Louis Vuitton, Gucci, and Sephora. The area offers a premier shopping experience with high barriers to entry, attracting affluent consumers. Within a 5-minute drive, over 12,000 residents with an average household income of $140,000 surround the property, while the College of Charleston, with 11,729 students, is just a block away. Charleston itself, voted the U.S.'s top city by Condé Nast Traveler readers for 12 of the last 13 years, draws nearly 8 million visitors annually. Originally built around 1884, 309 King Street was recently renovated with a new roof (warranty until 2041), elevator, fire system, and custom tenant build-out. The current tenant, Uncommon James, founded by TV personality Kristin Cavallari, brings national recognition to the location. The lease offers minimal landlord responsibility and scheduled rent growth, ensuring stable returns.

FOR SALE DETAILS

PRICE

$6,596,000 USD

PRICE/SF

$1,304 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1884

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C

APN/PARCEL ID

457-04-04-097

ASK ABOUT THIS PROPERTY

Gus BowenBerkeley Capital AdvisorsMore Info
843-725-7835

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Gus BowenBerkeley Capital AdvisorsMore Info
843-725-7835

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