32 N Market St - Storefront FOR SALE


Charleston, SC 29401
$15,500,000 USD
843-224-3277
32 N Market St, Charleston, SC for Sale
$15,500,000 USD
Storefront - FOR SALE
1/12
null | Request Cap Rate

32 N Market St
Charleston, SC 29401


OVERVIEW

This iconic property has never been on the open market for sale and owned by the same family since the 1970s. This property is located across East Bay Street from the highly anticipated Union Pier project. It is also adjacent to the new Marriott 50-room timeshare project. Located at the prominent corner of East Bay and North Market Streets, this historic building was originally built as The Church of the Redeemer Chapel and The Harriott Pinckney Home for Seaman on land donated from Ms. Pinckney. After deconsecration in the 1960's, the church building opened as a restaurant and has been one ever since. This is a one of a kind property with long-term leases in place. Tenants include Church and Union, Tempest, Savannah's Candy Kitchen, and a carriage tour company. Financials are available upon request on receipt of a signed NDA.

FOR SALE DETAILS

PRICE

$15,500,000 USD

PRICE/SF

$1,305 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

GB - General Business

APN/PARCEL ID

458-05-03-040

ASK ABOUT THIS PROPERTY

Chip WarleyPremier Properties of CharlestonMore Info
843-224-3277

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

Chip WarleyPremier Properties of CharlestonMore Info
843-224-3277

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