68 Braswell Street Charleston SC 29405

$15,540,000Listing # 30326856

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Remarks

68 Braswell Street presents a unique opportunity to purchase an extremely rare 7.9 acre commercial waterfront site. The property’s 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.

Basic Features

  • Acres: 7.900
  • Area: Peninsula Charleston Outside of Crosstown
  • City Name: Charleston
  • County: Charleston
  • State: SC
  • Property Type: Land
  • Postal Code: 29405

Additional Features

  • Date Modified: 2019-06-13T19:57:57
  • Landsize Units: AcreAcre
  • Property Status: Existing
  • Status: Active
  • Sale Price Min: $15,540,000
  • Sale Price Min Total: $15,540,000
  • Tax Id: 4660000043
  • Title: 68 Braswell Street - Waterfront Development
  • Zoning: I

Property Subtype

  • Hospitality
  • Multi-Family
  • Office
  • Retail
  • Vacation/Resort
  • Other
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