229 Meeting Street

    Charleston, SC 29401
    • $1,999,900
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 30397120
    UPDATED: 21 min ago
    $1,999,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Description

    4% COMMISSION!!-Rare investment opportunity to own beautiful building on best block downtown. Gorgeous building on Meeting Street has 3 levels, over 3500 sq. feet, on same block as Charleston Place Hotel and the Historic Market. Current lease (4% cap rate) ends 8/31. New lease at market rate ($32/ft NNN) would yield 5.7% CAP RATE! Building is walking distance from Gucci, Ben Silver, Louis Vuitton, Brooks Brothers, Calypso, Kate Spade, Cynthia Rowley. Surrounded by the Charleston cuisine of Fig, Husk, The Peninsula Grill and many more. Short walk to waterfront and East Bay Street.

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    www.thecassinagroup.com/homes/94720043

    229 Meeting Street Charleston, SC 29401

    • Price: $1,999,900
    • Status: Active
    • Updated: 21 min ago
    • ID#: 30397120
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Charleston Peninsula - Below Crosstown
    County:
    Charleston
    Area:
    Charleston Peninsula - Below Crosstown
    Property Description
    4% COMMISSION!!-Rare investment opportunity to own beautiful building on best block downtown. Gorgeous building on Meeting Street has 3 levels, over 3500 sq. feet, on same block as Charleston Place Hotel and the Historic Market. Current lease (4% cap rate) ends 8/31. New lease at market rate ($32/ft NNN) would yield 5.7% CAP RATE! Building is walking distance from Gucci, Ben Silver, Louis Vuitton, Brooks Brothers, Calypso, Kate Spade, Cynthia Rowley. Surrounded by the Charleston cuisine of Fig, Husk, The Peninsula Grill and many more. Short walk to waterfront and East Bay Street.
    Property Features

    Property Status Existing Property Sub Type Mixed UseRestaurantStreet RetailOther Property Type Retail-Commercial Sale Price Min 1999900.00 Title Excellent investment 4 To 5.7% Cap Rate

    Listing courtesy of Highgate Properties.
     
    The Cassina Group, LLC
    309 Coleman Boulevard
    Mount Pleasant SC, 29464