83 Mary StCharleston, SC 29403

  • Land
  • 0.06 AC
For Sale
$6,000,000 View listing

Property Details for 83 Mary St

Lot size
0.06 AC
Property type
Land
Property subtype
Commercial land
APN
460-12-02-024
APU
4601202024

Description

This exceptional four-story mixed-use building, constructed in 2019, offers 8,317 square feet of versatile space in Charleston, SC's vibrant Upper King Street area. Located at 83 Mary Street, this property boasts a prime location just steps from the bustling King Street, known for its renowned shopping, dining, and nightlife. The building's modern design features high ceilings, abundant natural light, and an open floor plan on each floor, making it ideal for a variety of uses, including restaurants, retail, office space, or late-night establishments. A key feature is the rooftop, which offers stunning views of the peninsula and the Ravenel Bridge, and is uniquely exempt from late-night ordinances, presenting a lucrative rooftop bar opportunity. The ground floor is currently leased, and the building's MU-2 zoning allows for diverse commercial uses. The property's proximity to planned hotels across the street further enhances its investment potential. The first floor is equipped with a hood, exhaust system, and grease trap, making it restaurant-ready. This is a rare opportunity to acquire a modern, high-demand commercial property in a rapidly growing area of Charleston. The asking price is $6,000,000, representing a price per square foot of $721.41. Don't miss this chance to capitalize on the thriving Charleston market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $270,408
    Hospitality
    $247,692
    Educational
    $206,077
    Medical
    $213,165
    Retail
    $320,565
83 Mary St, Charleston, South Carolina

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7905
Longitude
-79.9389
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
$3,013
-
-
$11,010
-
$681,176
-
$681,176

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