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510 Meeting Street, Charleston, SC 29403
$13,000,000




Property Type:
Commercial Sale
Square Footage:
20,000
Status:
Active
Current Price:
$13,000,000
List Date:
9/30/2024
Last Modified:
11/11/2024
Description
opportunity to acquire a 4-parcel redevelopment project located on Meeting Street in Charleston, SC. This project includes a ±0.46 acre land assemblage that is entitled to become a 100- key hotel development. The envisioned project will consist of five floors with the first floor as a mezzanine. The property is ideally situated at the ''Gateway to the City,'' where the former Grace Memorial Bridge welcomed visitors to Charleston. Currently, it is positioned at the Meeting Street Exit Ramp from Interstate 26. *Will consider a long-term ground lease.
More Information MLS# 31004572
Location
Street Number: 510
Street Name: Meeting
Street Suffix: Street
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 51 - Peninsula Charleston Inside of Crosstown
State or Province: SC
Postal Code: 29403
Parcel Number: 4590503077
Opportunity Zone: Yes
General Information
Status: Active
Property Sub Type: Hospitality
Secondary Sub-Type: Unimproved Land
Tertiary Sub-Type: Retail
Listing Name: 100-Key Hotel Development Opportunity
Property Condition: Existing
Building Area Total: 20000
Lot Acres: 0.46
Zoning: City of Charleston - GB - General Business
Property Visibility: Excellent
List Price/Acre: 28260869.57
List Price/SqFt: 650
Contract Information
Listing Contract Date: 2024-09-30
List Price: $13,000,000
Original List Price: 13000000
Current Price: $13,000,000
Building Related
Stories Total: 5
Land Related
In Flood Plain?: Yes
Status Change Info
Status Change Date: 2024-09-30
Auction Details
Auction: No
Property Features
Property Sub Type: Hospitality; Retail; Unimproved Land
Current Use: Unimproved; Other; See Remarks
Structure Type: None
Retail Clientele: Business; Convention; Family; General; Recreation; Tourist; Traveler
Lot Features: Level
Road Frontage Type: City Street
Documents
Listing Office: NAI Charleston, LLC
Last Updated: November - 11 - 2024
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