465 Meeting StCharleston, SC 29403

  • Office buildings
  • 2,860 SF
For Lease
$40/SF/YR View listing

Property Details for 465 Meeting St

Year built
1972
Property size (Sq ft)
2,860 SF
Property type
Office buildings
APN
459-05-03-141
APU
4590503141

Description

This exceptional Class A retail space, totaling 30,580 square feet, is ideally situated just one block from Charleston's vibrant King Street. Built in 2019, the property offers 1,547 square feet of immediately available space, perfect for a restaurant or retail establishment. The building boasts 560 parking spaces and elevators, ensuring convenient access for customers and employees. Located in the 51 - Peninsula Chas. inside of crosstown submarket of Charleston County, SC (APN 459-05-03-124), this property benefits from its proximity to Greystar's corporate headquarters and a luxury apartment complex housing over 300 residents. The location is further enhanced by its position along The Low Line, a revitalized community space offering parks, markets, and events. This prime location ensures high foot and vehicle traffic, making it an ideal opportunity for a business seeking high visibility and accessibility. Landlords are offering special incentives and terms to qualified food and beverage operators, particularly those with a café, deli, or lunch concept. The available space is adjacent to the main entrance and lobby, providing excellent exposure. A market-leading tenant improvement package is available, allowing ample time for build-out. Don't miss this chance to be part of Charleston's most dynamic mixed-use development

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $258,476
    6.5%
    $238,593
    7%
    $221,551
  • Comparable approach

    Method
    Valuation
    Relative Method
    $367,298
    Geo Method
    $484,312
  • Alternative Use

    Use
    Valuation
    Residential
    $295,856
    Hospitality
    $271,002
    Educational
    $225,471
    Medical
    $233,225
    Retail
    $350,732

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.795
Longitude
-79.9406
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
$550,329
-
-
$2,010,700
-
$11,350,000
$24,435,300
$35,785,300

FAQs

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