240 Calhoun St
2,219 SF Retail Building Charleston, SC 29401 $1,700,000 ($766.11/SF)
INVESTMENT HIGHLIGHTS
- The Owner will benefit from a highly coveted location.
- Located 0.4 miles from landmark Charleston's King Street
- 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.
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,219 SF
Building Class
B
Year Built
1886
Price
$1,700,000
Price Per SF
$766.11
Tenancy
Single
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.15 AC
Zoning
CT - Commercial Transitional in the City of Charleston
Parking
15 Spaces (6.76 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Balcony
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $40,450 |
