220 King St | Charleston, SC 29401
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220 King St
Charleston, SC 29401
Office Property For Sale
Executive Summary
This landmark three-story building is a coveted downtown trophy asset located at the corner of King and Market Street which is in the epicenter of the Charleston Historic Business District in the middle of one of the country's top ten shopping districts. Retail on the first and second floors with executive office suites and a residential penthouse apartment on the third floor. Property has two tenants, Christian Michi and Lampshade Library, in place. There is a City of Charleston managed surface parking lot in the rear of the building, a parking deck across the street on King and another one on Market Street. Perfect for a buyer user or an investor with an anchor tenant. The Christian Michi retailer will only stay for a short time after closing via a sale leaseback. This property is directly across from the Charleston Place Hotel and one block from the Historic Charleston City Market. South Carolina's first Four Seasons will be located behind the building facing Meeting Street. A premier location that is walking distance to an abundance of shops, restaurants, hotels, entertainment services, and historic landmarks. The building was built in 1835 by Charleston's notable hardware merchant, Nathan Hart, reflecting the high quality of construction in the antebellum period. The red brick facade is beak jointed with fine white mortar and the second story windows have granite lentils. Floor plans and custom flyer are available from the listing agent. Gross internal square footage is 10,032. Rentable square footage is 9,073. The address of 141 and 145 Market Street are included in this TMS # and consequential purchase. Property is zoned General Commercial and inside the short term accommodations overlay district. Please do not disturb the tenants in place. Call agent for all showings.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,032 SF
Building Class
B
Year Built/Renovated
1835/1987
Price
$8,500,000
Price Per SF
$847
Percent Leased
10%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,344 SF
Building FAR
2.56
Lot Size
0.09 AC
Zoning
General Business - General Business
Amenities
- Bus Line
- Signage
PROPERTY TAXES
Parcel Number | 457-08-02-025 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $200,030 |
PROPERTY TAXES
Parcel Number
457-08-02-025
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$200,030
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