174 Bay StCharleston, SC 29401

Property Details for 174 Bay St

Year built

1983

Property size (Sq ft)

3,456 SF

Property type

Hospitality properties

Property subtype

Hotels

APN

458-09-02-053

APU

4580902053

Description

This exceptional Charleston office property, located at 174 E Bay St, offers two available suites totaling 2,393 square feet within a three-story building. Each suite presents a unique opportunity: Unit A boasts 1,188 square feet, while Unit B offers 1,205 square feet. Both are situated in a prime location within the Charleston inside the Crosstown submarket of Charleston County, South Carolina, zoned for Limited Business use. The building's address is 174 E Bay St, A, B, Charleston, SC 29401, conveniently close to the courthouse and acclaimed restaurants. Enjoy stunning East Bay views from this high-profile building, with easy access to Charleston's iconic landmarks, including the Customs House, Rainbow Row, and Waterfront Park. Parking is available. Leasing options include renting one or both suites. The property is also open to potential purchase offers. This is a rare opportunity to secure desirable office space in the heart of Charleston's vibrant downtown.

• CAP approach

  CAP return

  Valuation

  6%

  $354,767

  6.5%

  $327,477

  7%

  $304,086

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,043,025

  Geo Method

  $1,375,312

• Alternative Use

  Use

  Valuation

  Residential

  $357,510

  Hospitality

  $327,477

  Educational

  $272,457

  Medical

  $281,827

  Retail

  $423,822

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.7791

Longitude

-79.9267

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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