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510 Meeting St - 100-Key Hotel Development Opportunity
0.46 Acres of Commercial Land Offered at $13,000,000 in Charleston, SC 29403
Investment Highlights
- 4-parcel redevelopment project located on Meeting Street in Charleston, SC
- Positioned at the Meeting Street Exit Ramp from Interstate 26
- Ideally situated at the “Gateway to the City,” where the former Grace Memorial Bridge welcomed visitors to Charleston
- Will consider a long-term ground lease
Executive Summary
located on Meeting Street in Charleston, SC. This project includes a ±0.46 acre land assemblage that is entitled to become a 100-key hotel development. The envisioned project will consist of five floors with the first floor as a mezzanine. The property is ideally situated at the “Gateway to the City,” where the former Grace Memorial Bridge welcomed visitors to Charleston. Currently, it is positioned at the Meeting Street Exit Ramp from Interstate 26. *Will consider a long-term ground lease.
Property Facts
| Price | $13,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.46 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $13,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.46 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $13,000,000 | Lot Size | 0.46 AC |
| Price Per AC | $28,260,870 |
| Price | $13,000,000 |
| Price Per AC | $28,260,870 |
| Lot Size | 0.46 AC |
4-parcel redevelopment project located on Meeting Street in Charleston, SC. This project includes a ±0.46 acre land assemblage that is entitled to become a 100-key hotel development.
Description
On behalf of ownership, NAI Charleston is delighted to introduce the opportunity to acquire a 4-parcel redevelopment project located on Meeting Street in Charleston, SC. This project includes a ±0.46 acre land assemblage that is entitled to become a 100-key hotel development. The envisioned project will consist of five floors with the first floor as a mezzanine. The property is ideally situated at the “Gateway to the City,” where the former Grace Memorial Bridge welcomed visitors to Charleston. Currently, it is positioned at the Meeting Street Exit Ramp from Interstate 26. *Will consider a long-term ground lease.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $92,620 |
PROPERTY TAXES
zoning
| Zoning Code | GB (General Business) |
| GB (General Business) |
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Sarah Shelley -
Jack Owens, CCIM -
NAI Charleston
Presented by
510 Meeting St - 100-Key Hotel Development Opportunity
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