1.1 acres Prime Downtown Charleston

Vacant Land for Sale
Catylist Listing ID: 30172890
Property Subtypes: Multi-Family, Retail
Gross Land Area: 1.10 Acres
Sale Price: $12,500,000
Unit Price: $11,363,636 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2017

Overview / Comments

Approximately 1.1 acres of vacant land in prime downtown Charleston located on the corner of Meeting and Woolfe St.

This property can go up to 8 stories - the portion directly on Meeting St can go up to 5 stories.

Property is currently split zoned between GB and LI. The General Business (GB) District allows a broad range of commercial uses and activities. It is the most intensive commercial zoning district. Prohibited uses include junk and salvage yards, storage yards (except for vehicles and boats), automotive repair shops, gasoline service stations, veterinary clinics, and stables are permitted only as special exceptions subject to the approval of the Board of Zoning Appeals.

The Light Industrial, LI District allows most commercial uses and low impact industrial uses which are compatible with surrounding commercial districts. More intensive industrial and manufacturing uses are permitted as conditional uses if the uses satisfy specific performance standards. Storage yards are permitted only as special exceptions subject to the approval of the Board of Zoning Appeals.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 459-09-01-049
Zoning: GB - General Business
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,276 57,192 140,019
Median Age: 29.23 34.17 36.39
Households: 9,303 24,188 58,447
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