172 President Street, Charleston, SC 29403
$262,500
Property Type:
Commercial Sale
Status:
Active Contingent
Current Price:
$262,500
List Date:
5/05/2023
Last Modified:
7/24/2023
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: July - 24 - 2023
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