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    289 King St Charleston, SC 29401

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    For Sale
    $5,000,000

    Renovated 11-unit building near College of Charleston and MUSC.

    Property size:
    11,076 SF

    Property Features for 289 King St

    General Information

    Size
    11,076 SF

    Building Details

    Year built
    1900

    Source: Justin Ross Agent Justin Ross

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Multifamily Building in Charleston

    Located in Charleston, South Carolina, this historic 11,076 square foot building features 11 units. Constructed in 1900 and renovated in 2017, the property is zoned GB and situated in a multi-family area. The location has a 99 Walk Score. There is potential to add +1,800 square feet and 4 bedrooms, with potential for increased rents and long-term growth. The property is located near the College of Charleston, with a population of approximately 12,000 students, and the Medical University of South Carolina, with approximately 4,000 students. The building is situated at the intersection of King Street and Society Street.
    Insight Report Location Intelligence

    Current Use by Public Records

    SEPHORA Cosmetics Store Charlotte Tilbury Cosmetics Store

    Suggested Use

    Spa & Massage Realty agency Hair Salon Restaurant Dental Office Nail Salon Building Supply Daycare Center Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.9344751
    Latitude
    32.7829017

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    FAQs

    What type of property is this?
    Apartment building - Renovated 11-unit building near College of Charleston and MUSC.
    Where is this apartment building located?
    The property is located at 289 King St Charleston, SC.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - Historic 11-unit building in the heart of Charleston, SC, offering a rare investment opportunity.; - Ideally located in a thriving Multi-Family area with a **99 Walk Score**.; - Zoned GB, allowing for a variety of business and residential uses.
    (301) 538-3540
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    289 King St Charleston, SC 29401
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