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172 President Street, Charleston, SC 29403
$262,500
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Property Type:
Commercial Sale
Status:
Active Contingent
Current Price:
$262,500
List Date:
5/05/2023
Last Modified:
8/26/2024
Description
Excellent investment opportunity to build a live/work or strictly residential duplex on a corner lot zoned General Business in the heart of the Westside. BAR/Zoning approved plans convey and call for the construction of a large, separately metered 1,810 sq.ft. office space on the second floor (could also be designed & utilized as a residential unit) as well as a separately metered 3 bedroom 2 baths 1,595 square foot residential unit on the second floor. The first floor garage space is approximately 1,790 square feet and allows for the parking of 4+ cars off-street. The newly completed WestEdge development featuring a Publix grocery store, Brittlebank Park, the Charleston RiverDogs stadium, and MUSC are just a short walk/bike ride away.
More Information MLS# 31000994
Location
Street Number: 172
Street Name: President
Street Suffix: Street
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 52 - Peninsula Charleston Outside of Crosstown
State or Province: SC
Postal Code: 29403
Parcel Number: 460-07-04-056
General Information
Status: Active Contingent
Property Sub Type: Unimproved Land
Secondary Sub-Type: Multi Family
Tertiary Sub-Type: Office
Listing Name: Live/Work Duplex Development Opportunity - Westside - Downtown Charleston
Lot Acres Min: 0.07
Lot Acres: 0.07
Zoning: City of Charleston - GB - General Business
List Price/Acre: 3750000
For Comp Purposes Only: No
Contract Information
Listing Contract Date: 2023-05-05
Fixed Price or Range?: Fixed Price
List Price: $262,500
Original List Price: 267500
Tax Legal Description: Lt 45 & Pt 46
Current Price: $262,500
Land Related
Part of Planned Development?: No
In Flood Plain?: Yes
Financials
Tax Assessed Value: 14170
Directions & Remarks
Directions: Take the Crosstown and turn on to President Street. The property is located on the corner of Bogard and President St.
Public Remarks: Excellent investment opportunity to build a live/work or strictly residential duplex on a corner lot zoned General Business in the heart of the Westside. BAR/Zoning approved plans convey and call for the construction of a large, separately metered 1,810 sq.ft. office space on the second floor (could also be designed & utilized as a residential unit) as well as a separately metered 3 bedroom 2 baths 1,595 square foot residential unit on the second floor. The first floor garage space is approximately 1,790 square feet and allows for the parking of 4+ cars off-street. The newly completed WestEdge development featuring a Publix grocery store, Brittlebank Park, the Charleston RiverDogs stadium, and MUSC are just a short walk/bike ride away.
Status Change Info
Status Change Date: 2023-07-24
Under Contract Date: 2023-07-23
Contingent: Active Contingent
Contingency Reason: Due Diligence
Auction Details
Auction: No
Property Features
Property Sub Type: Multi Family; Office; Unimproved Land
Current Use: Development; Investment; Mixed Use; Residential; Vacant
Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available
Water Source: Public
Sewer: Public Sewer
Listing Terms: Cash
Listing Office: The Boulevard Company, LLC
Last Updated: August - 26 - 2024
Properties marked with IDX logo are provided courtesy of South Carolina Commercial Multiple Listing Service, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Carolina Commercial Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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