Description
Built from the ground up in 2022, 540 King Street offers investors the unique opportunity to own one of the newest buildings in the very high-profile King Street corridor, downtown Charleston's retail, hospitality, and nightlife epicenter. The property is surrounded by several hotels, restaurants, local and national retailers, offices, and apartment and student housing buildings. A prime mixed-use building comprised of retail, office, and short term vacation rental suites. The building is 100% leased, and the vacation rental unit on the third floor is master leased with a percentage rent structure providing stabilized income to the Landlord as well as giving the Landlord the opportunity to share in profit of a high performing vacation rental. This information has been secured from sources Colony Commercial, LLC believes to be reliable, but Colony Commercial, LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, lease terms, or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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6,183SQFT
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$712$/SQFT
School Ratings & Info
Description
Built from the ground up in 2022, 540 King Street offers investors the unique opportunity to own one of the newest buildings in the very high-profile King Street corridor, downtown Charleston's retail, hospitality, and nightlife epicenter. The property is surrounded by several hotels, restaurants, local and national retailers, offices, and apartment and student housing buildings. A prime mixed-use building comprised of retail, office, and short term vacation rental suites. The building is 100% leased, and the vacation rental unit on the third floor is master leased with a percentage rent structure providing stabilized income to the Landlord as well as giving the Landlord the opportunity to share in profit of a high performing vacation rental. This information has been secured from sources Colony Commercial, LLC believes to be reliable, but Colony Commercial, LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, lease terms, or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.