200 Spring St Charleston, SC 29403

This exceptional 0.94-acre commercial land parcel in Charleston, SC, is zoned MU2 and offers unparalleled development potential. Currently approved for up to 152 apartment/hotel units, this property boasts flexible zoning allowing for nightly, monthly, and yearly stays. The project has received initial Board of Architectural Review (BAR) approval, a significant advantage, saving considerable time and resources. The design incorporates 143 spacious, high-end luxury apartment flats in a European style, though the unit count can be adjusted. The property includes plans for amenities such as a pool, outdoor bar area, fitness center, and business center, catering to a diverse clientele. Its prime location in the Medical District, one block from a Publix grocery store and minutes from the Ashley River, City Park, and Upper King Street, ensures high demand. The property's strategic location, flexible zoning, and advanced approvals make it an exceptional investment opportunity. Structured internal parking complies with all zoning regulations. The existing design and entitlements represent a significant head start for any developer, potentially saving two to three years of planning and approval processes. This rare combination of size, location, zoning, and approvals presents a unique chance to develop a high-return commercial property in Charleston's thriving downtown area.