68 Braswell Street

    Charleston, SC 29405
    • $15,540,000
    • STATUS: Active
    • ON SITE: 324 days
    • ID#: 30326856
    UPDATED: 69 min ago
    $15,540,000
    • 0
      BEDS
    • 7.9
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Description

    68 Braswell Street presents a unique opportunity to purchase an extremely rare 7.9 acre commercial waterfront site. The propertys location allows for a multitude of potential uses, including but not limited to marina/dry stack, hotel, multifamily, office, and retail. The surrounding Magnolia Site is the largest development tract available on the Charleston Peninsula. The City of Charleston proposes allowing building heights of up to 120 feet in this area with high density zoning.The property has an existing concrete pier in place that will benefit and aid in the construction and operation of a marina/dry stack. The approximate water depth at low tide is 30 feet. *This property is in a SC Opportunity Zone and qualifies for large capital gains tax breaks for Opportunity Fund investors.

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    www.thecassinagroup.com/homes/87062062

    68 Braswell Street Charleston, SC 29405

    • Price: $15,540,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 30326856
    0
    Beds
    0
    Baths
    0
    ½ Baths
    7.9
    Acres
    Neighborhood:
    Charleston Peninsula - Above Crosstown
    County:
    Charleston
    Area:
    Charleston Peninsula - Above Crosstown
    Property Description
    68 Braswell Street presents a unique opportunity to purchase an extremely rare 7.9 acre commercial waterfront site. The propertys location allows for a multitude of potential uses, including but not limited to marina/dry stack, hotel, multifamily, office, and retail. The surrounding Magnolia Site is the largest development tract available on the Charleston Peninsula. The City of Charleston proposes allowing building heights of up to 120 feet in this area with high density zoning.The property has an existing concrete pier in place that will benefit and aid in the construction and operation of a marina/dry stack. The approximate water depth at low tide is 30 feet. *This property is in a SC Opportunity Zone and qualifies for large capital gains tax breaks for Opportunity Fund investors.
    Exterior Features

    Land Size Min 7.900 Land Size Units Acre

    Property Features

    Property Status Existing Property Sub Type HospitalityMulti-FamilyOfficeRetailVacation/ResortOther Property Type Vacant Land Sale Price Min 15540000.00 Title 68 Braswell Street - Waterfront Development Zoning I

    Listing courtesy of Roadstead Real Estate Advisors, Llc.
     
    The Cassina Group, LLC
    309 Coleman Boulevard
    Mount Pleasant SC, 29464