229 King StCharleston, SC 29401

  • Other commercial real estate
  • 1,408 SF
For Lease
$75/SF/YR View listing

Property Details for 229 King St

Year built
1961
Lot size
0.12 AC
Property size (Sq ft)
1,408 SF
Property type
Other commercial real estate
APN
457-08-01-063
APU
4570801063

Description

This exceptional 3,740 square foot commercial property at 229 King Street in Charleston, South Carolina, presents a unique investment opportunity. Located in the heart of Charleston's vibrant Lower King Street retail district, this single-tenant space is ideally situated across from the Charleston Place Hotel, neighboring high-end retailers such as Gucci, Louis Vuitton, Kate Spade, and Tommy Bahama. Previously occupied by a restaurant, the property retains features suitable for a restaurant concept or adaptable for a high-end retail space. The open floor plan showcases exposed historic Charleston brick walls, adding character and charm. The property boasts seven parking spaces and is zoned GB - General Business. Its prime location is just off the corner of King and Market Streets, adjacent to the Riviera Theater and Charleston's only urban Target. This presents a rare chance to establish a presence in one of South Carolina's premier shopping destinations. The property's APN is 457-08-01-063, and it's located in Charleston County, South Carolina, zip code 29401. The entire 3,740 square feet is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $145,652
    Hospitality
    $133,417
    Educational
    $111,001
    Medical
    $114,819
    Retail
    $172,668
229 King St, Charleston, South Carolina

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7808
Longitude
-79.9337
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
$33,418
-
-
$116,800
-
$1,719,691
$722,709
$2,442,400

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