117 Spring StCharleston, SC 29403

Property Details for 117 Spring St

Year built

1971

Lot size

0.14 AC

Property size (Sq ft)

2,616 SF

Property type

Other commercial real estate

APN

460-08-03-011

APU

4600803011

Description

This exceptional mixed-use property, located at 117 Spring Street in Charleston, South Carolina, presents a compelling investment opportunity. The 15,103 square foot property sits on a 0.72-acre lot and comprises six buildings with a total of 22 units. Built in 1971, the two-story structures are zoned for limited business use, offering considerable flexibility for redevelopment. The property currently features a mix of multi-family, office, and retail spaces, all operating under NNN leases. With 25 parking spaces available, the property boasts a prime location at the corner of Spring Street and Rutledge Avenue, ensuring high visibility and accessibility. The asking price is $16,000,000, translating to $1,059.39 per square foot. The property's central downtown location and substantial size make it ideal for a variety of development projects, including hotels, condominiums, apartments, or additional retail and office space. The property's APN is 460-08-03-011. Showings require 24-hour advance notice and must be accompanied. All offers must include proof of funds or a pre-approval letter, along with the name of the closing attorney. This is a rare chance to acquire a significant development site in the heart of Charleston's vibrant downtown area.

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.7902

Longitude

-79.947

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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