17 Pinckney StCharleston, SC 29401

  • Office properties
  • 1,096 SF
For Sale
$1,200,000 View listing

Property Details for 17 Pinckney St

Year built
1973
Lot size
0.07 AC
Property size (Sq ft)
1,096 SF
Property type
Office properties
Property subtype
Office buildings
APN
458-05-03-024
APU
4580503024

Description

This 2,024 square foot, two-story office building in Charleston, South Carolina, presents a unique investment opportunity. Originally constructed in 1973 as a single-family home with a carriage house, the property has been successfully used as a veterinary clinic. The current configuration offers a flexible layout ideal for residential conversion or continued commercial use. The first floor is suitable for residential use, while the second floor provides a versatile flex space. Original hardwood floors and high ceilings add to the building's character. The property includes two off-street parking spaces, a rare find in this desirable location. Situated on a 0.07-acre lot in the Historic Ansonborough Neighborhood, this property boasts prime access to East Bay Street and is within walking distance of iconic Charleston landmarks such as the Charleston City Market, Dock Street Theatre, and the Charleston Battery. The property is zoned for General Business and Short Term Rental, offering diverse potential uses. The APN is 458-05-03-024. This is a remarkable opportunity to own a piece of Charleston's rich history and capitalize on its vibrant market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $99,052
    6.5%
    $91,433
    7%
    $84,902
  • Comparable approach

    Method
    Valuation
    Relative Method
    $140,755
    Geo Method
    $185,597
  • Alternative Use

    Use
    Valuation
    Residential
    $113,377
    Hospitality
    $103,853
    Educational
    $86,404
    Medical
    $89,376
    Retail
    $134,407
17 Pinckney St, Charleston, South Carolina

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7822
Longitude
-79.9286
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
$6,101
-
-
$21,340
-
$390,000
$220,700
$610,700

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