199 St Philip Street for sale

*199 St. Philip Street, Charleston, SC 29403 is no longer on the market or has been removed from the MLS.*

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Commercial or residential real estate opportunity in the heart of downtown Charleston

Endless options in downtown Charleston

199 St. Philip Street – Located in the heart of downtown Charleston, this Charleston Single for sale on St. Philip Street has undergone an incredible restoration and offers multiple uses with potential for further development.

Currently, this 0.12 acre property is comprised of an original Charleston Single and a parking lot that accommodates up to 8 cars, but the business or residential options for this prime downtown space are endless. 
In 2009, the existing structure underwent an extensive renovation, designed and restored by Prescon Architectural Design and Palmetto Craftsmen, Inc. Housing a coffee shop, the currently property offers a light-filled coffee bar and kitchen, large half bath, large pantry, and two floors of dining and reading space. The original main and upper piazzas are intact and offer outside seating for guests, along with a patio addition to the backside of the property.
Features: 
  • Gorgeous hard wood floors in the dining spaces
  • Concrete in the coffee bar and half bath
  • Recessed lighting throughout
  • Original fireplaces on main and 2nd floors
  • Wood beamed ceilings on 2nd floor
  • Lots of parking and/or space for development
Flexibility
Whether you are a commercial buyer, residential buyer or investor, 199 St. Philip Street offers flexibility that can work for you. This is a rare option on the peninsula.

Commercial Buyers
This space is unique in that it can be purchased as is, and remain a rental space for retail and restaurants or it can be used as office space in a wonderful downtown location.

Investors
The property and lot should be grandfathered to support up to three future structures, zoned either residential or commercial (where the parking lot currently exists). A money-making option could be to build a small apartment unit for college and young professional rentals, or creating more commercial space for businesses looking for a downtown location.

Residential Buyers
This existing structure could be converted to a single family residence if a kitchen and full bath were added. Perhaps this property could offer an urban, loft setting for someone wanting the best of modern, city living without the hassle of extensive renovations to the 2nd floor.
Please contact the listing agent, Dewey Golub, for further information on this extensive restoration, flexible floor plan, flexible uses and the further development opportunities that this incredible property presents.

Recent Awards for Growth Include:

  • Inc. 5000 (Inc. Magazine): 2014, 2015 & 2016
  • Roaring Twenties (SC Biz News): 2013, 2014 & 2015
  • 40 Dynamic Companies (Charleston Magazine): 2014