677 King StCharleston, SC 29403

Property Details for 677 King St

Lot size

0.52 AC

Property type

Office properties

Property subtype

Office buildings

APN

460-04-04-074

APU

4600404074

Description

677 King Street presents a unique investment opportunity in the heart of Charleston, South Carolina. This Class A, 2021-built retail/office building boasts a total of 609,469 square feet on a 0.52-acre lot in Charleston County. The property features a single building with multiple tenants, offering a diverse income stream. The building enjoys exceptional visibility and accessibility, situated at the hard corner of King Street and Sheppard Street. Its strategic location provides easy access to major roadways, including I-26 and Highway 17, and is just minutes from the historic downtown area. The building offers abundant walkable amenities. While the upper four floors of Class A office space are 100% leased, a significant ground-floor retail space remains available. This 3,938 square-foot unit is ideal for a restaurant or similar establishment, featuring an attractive outdoor patio area. The space is move-in ready, allowing a new tenant to build to suit their specific needs. Modern features include energy-efficient HVAC and lighting systems, along with convenient on-site parking. This exceptional property offers a rare chance to secure a prominent retail presence on Charleston's renowned King Street. The building's modern design and prime location make it an attractive proposition for discerning investors and businesses seeking a high-profile address in a thriving market. Don't miss this chance to own a piece of Charleston's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $2,047,114

  6.5%

  $1,889,644

  7%

  $1,754,669

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,908,978

  Geo Method

  $3,835,720

• Alternative Use

  Use

  Valuation

  Residential

  $2,343,158

  Hospitality

  $2,146,320

  Educational

  $1,785,713

  Medical

  $1,847,127

  Retail

  $2,777,776

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.796

Longitude

-79.9441

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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