Property

Introducing a rare development opportunity in oneof Charleston''s most dynamic downtowncorridors. Positioned on East Bay Street withdirect views of the Ravenel Bridge, this propertyoffers the ability to construct three units acrossfour stories, combining residential andcommercial uses in a highly desirable, highvisibilitylocation.The property is fully entitled, with permits ready tobe issued for a first-floor office, a second-storycondo, and a third-level and fourth-level two storypenthouse with sweeping views of the harbor.Located in an Opportunity Zone, all approvals havebeen secured, allowing for immediatedevelopment with no extended wait time.The site encompasses approximately 0.11 acres,with approximately 4,791 SF of allowable groundcoverage and up to three stories of verticalconstruction (per applicable zoning and planningguidelines). This is one of the few remainingopportunities to develop multiple units indowntown Charleston with this level of frontage,accessibility, and view corridor.

 

Price History

$1,495,000 -> $1,449,000 on 11/12/2525

Palmetto Commercial Properties

Listed by: Palmetto Commercial Prop, LLC

Info

  • Address645 E Bay
  • City, ZIPCharleston, SC 29403
  • MLS #31007367
  • Price$1,449,000.00
  • TypeMulti-Family
  • Sq Ft6655
  • Country:Charleston
  • Title:Mixed Use Land Development Opportunity for Sale - Entitled to Build
  • Zoning:City of Charleston - MU-1/WH - Mixed-Use Workforce Housing

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