11 Broad StCharleston, SC 29401

  • Other commercial real estate
  • 2,450 SF
For Sale
$2,900,000 View listing

Property Details for 11 Broad St

Year built
1988
Lot size
0.07 AC
Property size (Sq ft)
2,450 SF
Property type
Other commercial real estate
APN
458-09-03-134
APU
4580903134

Description

This stunning three-story, 7,350 square foot office building, constructed in 1856 and renovated in 1985, is located at 11 Broad St, Charleston, SC 29401. Currently featuring a single tenant with a lease expiring January 31, 2025 (NNN lease), this property presents a compelling investment opportunity. The building boasts eight private offices per floor, a spacious executive conference room, and a charming rear courtyard accessible via double French doors and balconies on each floor. Amenities include central HVAC, multiple bathrooms (including a full bathroom on the first floor), carpet on the first floor, and hardwood floors elsewhere. Kitchens are located on the first and third floors. The building's Italianate style and grand lobby with lofted ceilings create an impressive atmosphere. The Historic Charleston Foundation holds a preservation easement, with conceptual approval for residential conversion of the upper floors, while all commercial uses remain permitted. The property is zoned for General Commercial use and is conveniently located near key Charleston attractions, including the "Four Corners of Law," Rainbow Row, and Waterfront Park. Street parking is available, with potential for acquiring nearby garage parking spaces. The asking price is $2,900,000 ($394.56/sq ft). APN: 4580903134.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $253,443
    Hospitality
    $232,152
    Educational
    $193,148
    Medical
    $199,791
    Retail
    $300,453
11 Broad St, Charleston, South Carolina

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7766
Longitude
-79.9276
CBSA code
16700
CBSA name
CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,151
-
-
$87,290
-
$524,160
$1,298,940
$1,823,100

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