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109 - 117 Spring Street

Charleston, SC 29403
  • $16,000,000
  • STATUS: Active
  • ON SITE: 565 Days
  • ID#: 31000686
UPDATED: 52 min ago
$16,000,000
  • 0
    BEDS
  • 0.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,103
    SQFT
  • $1,059
    $/SQFT
Type:
Commercial
Built:
1971
County:

School Ratings & Info

Description

SELLER FINANCING AVAILABLE for this rare opportunity to purchase four contiguous sites in the heart of downtown on a major thoroughfare! This portfolio offers 5 multifamily properties and 1 commercial building. These are high performing monthly rentals in the highly sought after Cannonborough-Elliotborough neighborhood with ample off-street parking. It is ideal for STRs as it sits in the STR Overlay Zone. The possibilities are endless, as they may be operated as-is, renovated or redeveloped. All in walking distance to MUSC, the College of CHS and only 3 blocks from the shops and restaurants on King Street! Entire site is highly visible, at the corner of Spring Street and Rutledge Avenue. Almost 3/4s of an acre available for redevelopment.

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www.thecassinagroup.com/homes/137884385
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109 - 117 Spring Street Charleston, SC 29403

  • Price: $16,000,000
  • Status: Active
  • On Site: 565 Days
  • Updated: 52 min ago
  • ID#: 31000686
0
Beds
0
Baths
0
½ Baths
0.72
Acres
15,103
SQFT
$1,059
$/SQFT
1971
Built
County:
Charleston
Property Description
SELLER FINANCING AVAILABLE for this rare opportunity to purchase four contiguous sites in the heart of downtown on a major thoroughfare! This portfolio offers 5 multifamily properties and 1 commercial building. These are high performing monthly rentals in the highly sought after Cannonborough-Elliotborough neighborhood with ample off-street parking. It is ideal for STRs as it sits in the STR Overlay Zone. The possibilities are endless, as they may be operated as-is, renovated or redeveloped. All in walking distance to MUSC, the College of CHS and only 3 blocks from the shops and restaurants on King Street! Entire site is highly visible, at the corner of Spring Street and Rutledge Avenue. Almost 3/4s of an acre available for redevelopment.
Exterior Features

Parking Total 25.00 Parking Type Surface

Property Features

Current Use CommercialMixed UseMulti-Family Listing Terms CashConventionalOwner Will CarryPrivate Financing Available Nearest MSA Charleston-North CharlestonSC Property Sub Type Multi Family Secondary Property Sub Type Multi FamilyOfficeRetail Sewer Public Sewer Water Source Public Zoning City of Charleston - LB - Limited Business

Listing courtesy of Engel & Volkers Charleston: .
 
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The Cassina Group, LLC
309 Coleman Boulevard
Mount Pleasant SC, 29464