387 Sumter StCharleston, SC 29403

Property Details for 387 Sumter St

Year built

1960

Lot size

0.16 AC

Property size (Sq ft)

3,829 SF

Property type

Residential income properties

Property subtype

Other specialty properties

Description

This unique 3,829 sq ft property, located at 387 Sumter St in Charleston, SC, presents a compelling redevelopment opportunity. Situated on a 0.16-acre lot (6,970 sq ft), this former church building offers significant potential for adaptive reuse. Currently vacant, the property boasts a DR-2F zoning designation, allowing for multi-family development. The 2019 down-zoning of surrounding properties to DR-1F did not affect this lot, preserving its higher density potential. Based on minimum lot size requirements, the site could accommodate up to four apartment units. Built in 1960, the single-story building and lot are well-maintained and in excellent condition. Its prime location, within walking distance of Hampton Park and MUSC, adds significant value. The asking price is $800,000, translating to $208.93 per square foot. This represents a rare chance to capitalize on Charleston's thriving real estate market and the increasing demand for residential units in this desirable Westside neighborhood. The property's history as a church building offers a unique architectural character, perfect for creative conversion into apartments or other mixed-use developments. This is a truly exceptional opportunity for investors seeking a high-return project in a prime Charleston location. The APN is 460-07-02-090.

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.7951

Longitude

-79.9515

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