0.94 Acre Development Opportunity - Upper Peninsula King Street

Vacant Land for Sale
Catylist Listing ID: 30268783
Property Subtypes: Hospitality, Multi-Family, Office, Retail
Gross Land Area: 0.94 Acres
Sale Price: $1
Unit Price: $1.06 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2018

Overview / Comments

Almost a full acre...Approximately .94 acre of 5 combined land parcels in prime Charleston Upper Peninsula area with King Street frontage located near the gateway to Charleston’s new (UP) Upper Peninsula District. One lot has approx 2500 SF building with F&B Use. Located across the street from the new development near the intersection of Meeting and King Street and directly across from the soon to be built development that is under the application for UP zoning offering several floors higher than ever before. Property is currently split zoned between GB, LI and SRF. These 5 parcels are located next to the new Upper Peninsula District, where more height 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, Restaurant F&B, Office, Medical, Residential and Retail. The combination of all 5 lots 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. Please Contact listing Broker Kristen Krause for price. Call for Offers.Price is not $1 as advertised in MLS.

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Listing Agents assume NO responsibility for correctness thereof, nor warrant the accuracy of the information or condition of the property.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Submarket Type: Redevelopment District
Tax ID/APN: 464-14-00-044, 464-14-00-045, 464-14-00-077, 464-14-00-078, 464-14-00-076
Zoning: OTHER
Property Located Between: King Street and Meeting Street
Property Visibility: Excellent
Largest Nearby Street: King Street and Meeting Street
Highway Access: 26 fwy
Airports: Charleston International Airport
Topography: Level
Available Utilities: Electric, Water, Gas

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,259 63,452 138,778
Median Age: 33.8 34.3 35.76
Households: 3,106 25,891 58,051
The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.