1335 King Street 0.49 acre For Sale

Vacant Land for Sale
Catylist Listing ID: 30322256
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad
Gross Land Area: 0.49 Acres
Sale Price: $3,100,000
Unit Price: $6,326,530 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/4/2018

Overview / Comments

Almost 1/2 acre ...of buildable flat land parcel in prime Charleston’s new (UP)Upper Peninsula District with prime King Street visible frontage located in the gateway to Charleston’s newest hottest area The UP. This lot has 3 small buildings currently being used as a auto body shop. Located across the street from several new developement under city DRB review and directly across from the soon to be approved and built development that is under the application for UP zoning offering several floors higher than ever before. Property is currently zoned Light Industrial but has been recently approved for UP Zoning where more height, scale mass and density are awarded based on building design, methods, mass, height and uses and will bring new development opportunities never available before. Property is ideal for Mixed Use, Office, Medical, Resturant F&B, Residential and Retail. This property on King Street Ext. boasts of a one-of-a-kind development opportunity along King Street, one of downtown Charleston’s most popular main corridors. 5 lots next door at 1337 King Street are also listed for sale with this agent.Please Contact listing Broker Kristen Krause for more detials and assemblage opportunities.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Tax ID/APN: 4641400079
Zoning: LB - Limited Business
Property Located Between: King Street and Montford
Property Visibility: Excellent
Largest Nearby Street: King Street
Zoning Description: This property has been approved by City for Upper Peninsula UP Zoning
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,015 64,245 138,778
Median Age: 35.28 34.6 35.76
Households: 3,928 26,297 58,051
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