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1660 Ingram Road, Charleston, SC 29407
$6,500,000
Property Type:
Commercial Sale
Square Footage:
26,777
Status:
Active
Current Price:
$6,500,000
List Date:
9/11/2024
Last Modified:
9/11/2024
Description
1660 & 1662 Ingram Road consists of approximately 4.26 acres of land developed with two buildings totaling +/- 26,777 square feet (sf) in the City of Charleston. It is an ideal property for redevelopment allowing for short-term lease opportunities during due diligence and permitting. Located in the heart of the West Ashley submarket this property offers a highly desirable location for commercial, residential or mixed-use redevelopment. It is ideally situated close to downtown Charleston, providing easy access to historic sites, shopping, dining, and entertainment options. This address is also conveniently located near schools, parks, and major roadways, providing easy access to all parts of the greater Charleston Area. There are approximately 26,200 vehicles per day (vpd) that pass this property location near the intersection Sam Rittenberg Boulevard and Old Towne Road. Sam Rittenberg Boulevards traffic count is 46,800 (vpd).
The property is surrounded by very prominent, established neighborhoods including Charlestowne Estates, Charlestowne Estates II, Charlestowne Estates III, Northbridge Terrace, and Sandhurst. The new Ashley Landing Plaza-Sumar Street redevelopment project is across Old Towne Road and proposed to include 325 apartment units, 100 townhomes, and over six acres of green space. This is a great opportunity to participate in the transition of the West Ashley Gateway.
More Information MLS# 31004260
Location
Street Number: 1660
Street Name: Ingram
Street Suffix: Road
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 11 - West of the Ashley Inside I-526
State or Province: SC
Postal Code: 29407
Parcel Number: 4150300128
Opportunity Zone: No
General Information
Status: Active
Property Sub Type: Office
Secondary Sub-Type: Special Purpose
Tertiary Sub-Type: Hospitality
Listing Name: West Ashley +/-4.26 Acre Site for Sale
Is Condo?: No
Property Condition: Existing
Number of Units Total: 3
Building Area Total: 26777
Lot Acres: 4.26
LEED Certified: No
Zoning: City of Charleston - GB - General Business
Property Visibility: Excellent
List Price/Acre: 1525821.6
List Price/SqFt: 242.75
Contract Information
Listing Contract Date: 2024-09-11
List Price: $6,500,000
Original List Price: 6500000
Tax Legal Description: TMS #: 415-03-00-128
Current Price: $6,500,000
Building Related
Stories Total: 1
Year Built: 1965
Number Of Buildings: 2
Land Related
Part of Planned Development?: No
In Flood Plain?: No
Status Change Info
Status Change Date: 2024-09-11
Auction Details
Auction: No
Area and Location
Airports: Charleston International Airport
Highway Access: Interstage 26
Property Features
Property Sub Type: Hospitality; Office; Special Purpose
Current Use: Commercial
Structure Type: Free Standing; Office
Parking Type: Surface
Heating: Central
Cooling: Central Air
Road Frontage Type: Highway
Road Surface Type: Asphalt
Water Source: Public
Sewer: Public Sewer
Listing Office: Palmetto Commercial Prop, LLC
Last Updated: September - 11 - 2024
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