11 Broad StCharleston, SC 29401
- Other commercial real estate
- 2,450 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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