For Sale
$2,950,000

165 King StCharleston, SC 29401

Historic Charleston retail & office building

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional three-story, 4,000 square foot building at 165 King Street in Charleston, SC, is offered for sale at $2,950,000 ($812.50/sq ft). Built in 1899, this coveted downtown Charleston asset boasts a prime location in the heart of the historic business district, adjacent to the Gateway Walk and within one of the nation's top ten shopping districts. Currently 25% occupied, the building features a retail tenant on the first floor and a law firm occupying the second and third floors. The upper floors include six rooms, three full baths, a full kitchen, and a mini-kitchen, along with a courtyard and two outdoor decks. The property sits on a 0.05-acre lot and is zoned for General Business (City of Charleston - GB). Multiple parking decks are within walking distance. This presents an ideal opportunity for owner-occupants or investors, given its proximity to shops, restaurants, hotels, entertainment, and historic landmarks. The building's location benefits from the upcoming development of South Carolina's First Four Seasons just one block away. The lease type is NNN with no remaining lease term.

Highlights

  • $2,950,000 asking price for a 4,000 square foot mixed-use (retail and office) building.
  • Located at 165 King St, Charleston, SC 29401, in the heart of Charleston's historic business district.
  • Triple Net (NNN) lease, multi-tenant occupancy at 25%, with zero years remaining on current leases.
  • Three-story building (4,000 SF), built in 1899, on a 0.05-acre lot, zoned GB (General Business).
  • $812.50 price per square foot; $65,000,000/acre land value.

Property Details for 165 King St

Property type
Retail properties, Office properties
Square Feet
4,000 SF
Year Built
1899
Stories
3
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7784896
Longitude
-79.9331363
165 King St, Charleston, South Carolina

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165 King St
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