For Sale
$1,249,900

190 Coming StCharleston, SC 29403

.11-acre lot, mixed-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional .11-acre lot (4,649 square feet) presents a prime development opportunity in the heart of Charleston, South Carolina. Located just two blocks from King Street, the property boasts DRF-2 zoning, permitting the construction of a two-unit, 2.5-3 story residential building. Currently, a 400-square-foot building with grandfathered light commercial zoning operates as a hair salon, offering immediate income potential. The zoning allows for the creation of up to eight bedrooms, potentially generating an estimated gross operating income of $168,000 annually. This location benefits from Charleston's historic charm, strong tourism, and robust rental market, ensuring stable property values and high demand. The property's address is 190 Coming St, Charleston, SC 29403, and its APN is 4601201048. The asking price is $1,249,900. This is an ideal investment for those seeking to capitalize on Charleston's thriving real estate market. The property's combination of residential and commercial potential makes it a unique and highly attractive opportunity.

Highlights

  • Historic Charm & High Demand: Downtown Charleston's distinctive historic architecture drives strong buyer and renter demand, boosting property values.
  • Prime Commercial Investment: Downtown Charleston's economic strength offers diverse commercial investment opportunities, including retail and office spaces.
  • Robust Tourism Market: Charleston's thriving tourism creates high demand for short-term rentals and visitor-oriented commercial properties.
  • High-Demand Rental Market: Strong rental demand, especially in the luxury sector, yields high rental rates for centrally located properties.
  • Stable Property Values: Limited supply and high demand contribute to stable property values, mitigating market fluctuations.

Property Details for 190 Coming St

Property type
Land
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7898552
Longitude
-79.9423899
190 Coming St, Charleston, South Carolina

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190 Coming St
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