1335 King Street 0.49 acre For Sale

Vacant Land for Sale
Catylist Listing ID: 30322256
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), 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: 1/17/2019

Overview / Comments

Almost 1/2 acre ...of all buildable flat land parcel near 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 approved by DRB and directly across from the approved 1304 Meeting development that is approved for UP zoning offering several floors higher than ever before. Property is currently zoned Light Industrial but has been recently submitted to City and Council for final approval 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 1335 King Street Ext. boasts of a one-of-a-kind development opportunity along King Street, one of downtown Charleston’s most popular main corridors. There are 5 separate lots next door at 1337 King Street 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
Lot Frontage: See Plat
Lot Depth: See Plat
Zoning Description: This property has been submitted to City and approved and waiting for final Council approval for Upper Peninsula UP Zoning
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Municipal

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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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