For Sale
$13,000,000

510 Meeting St Charleston, SC 29403

100-Key Hotel, Prime Location, $13M

Overview

Added:
Dec 11, 2024
Days on market:
136
Exceptional opportunity to acquire a 0.46-acre, four-parcel assemblage in Charleston, SC, zoned for General Business with an Accommodations Overlay. This prime site, located at the Meeting Street exit ramp from I-26 – the "Gateway to the City" – is entitled for a 100-key, five-story hotel development (including a mezzanine level). The property offers significant potential for a high-return hospitality investment. The assemblage includes parcels TMS #s 459-05-04-222, 459-05-03-077, 459-05-03-078, and 459-05-03-079. The asking price is $13,000,000. A long-term ground lease may be considered. This is a rare chance to develop a hotel in a highly desirable Charleston location. The property's strategic position at the Interstate 26 exit ramp ensures high visibility and accessibility. The permitted zoning allows for a five-story structure, maximizing development potential. This development opportunity presents a compelling investment proposition for experienced hospitality developers.

Highlights

  • Parcel ID Numbers: 459-05-04-222, 459-05-03-077, 459-05-03-078, 459-05-03-079
  • Zoning: GB (General Business) with Accommodations Overlay allowing up to 5 stories
  • Site Size: ±0.46 acres (±20,000 square feet)
  • 100-Key Hotel Site; Ground Lease Considered

Property Details for 510 Meeting St

Property type
Land, Hospitality properties
Stories
5
Lot Size (sq. ft)
20,038 SF

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.79754391
Longitude
-79.94134082

FAQs

What type of property is this?
Land - 100-Key Hotel, Prime Location, $13M
Where is the land located?
The property is located at 510 Meeting St Charleston, SC.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: Parcel ID Numbers: 459-05-04-222, 459-05-03-077, 459-05-03-078, 459-05-03-079; Zoning: GB (General Business) with Accommodations Overlay allowing up to 5 stories; Site Size: ±0.46 acres (±20,000 square feet)
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510 Meeting St
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