The Hatman Building

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30004899
Property Subtypes: Mixed Use
Status: Pending/Contingent
Building Size (RSF): 7,091 SF
Gross Building Area: See Agent
Sale Price: $2,800,000
Unit Price: $394.87 PSF
Property Use Type: Investment, Business
Building Name: The Hatman Building
Sale Terms: Cash to Seller
Cap Rate: 4.0%
Last Updated: 2/20/2017

Overview / Comments

One of Charleston's most recognizable buildings. The Hatman building is on the corner of Broad and Church Street in heart of Charleston's historic business district. Known for its iconic Hatman mural on the west fa├žade the property features three retail spaces on the ground floor and offices on the 2nd and 3rd floors. With 60lf of frontage on Broad street and 35 +lf of frontage of Church the retail exposure is excellent. The frontage alllows for an unusual amount of windows in the offices. This is a very rare opportunity in downtown Charleston. The property is currently 100% occupied. Many possibilities exist for residential, office and retail uses with the current zoning. Building age is from the tax records. Buyer should verify building age and square footage.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 458-09-03-117
Zoning: LB - Limited Business
Retail Clientele: Business
Property Visibility: Excellent
Tenancy: Multiple Tenants
Year Built: 1855

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,193 59,894 125,828
Median Age: 30.29 34.84 36.75
Households: 6,081 25,060 53,817
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