Entitled Downtown Development
For Sale
$1,395,000
645 E Bay St, Charleston, SC 29403
Fully entitled development site on East Bay Street with permits ready for planned multi-unit improvements.
Property Size3,018 SF
Days on Market37
Property Features for 645 E Bay St
General Information
Standard status
Active
Size
3,018 SF
Property subtype
VacantLand
Building Details
Building Size
3,018 SF
Year Built
1880
Listing Agency:
Coldwell Banker Commercial Atlantic
(843) 744-9877
Listed By:
Hannah Kamba · License #83716
Source:
Commercialcafe
Added: Jul 26
Changed: Aug 28
Last Checked: Aug 31 at 1:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Atlantic
Investment Insights
Based on property information with market context.
This fully entitled development site on East Bay Street is positioned to support construction of three units with plans for a first-floor office and residential components above. Permits are ready to be issued for the approved concept, including a second-story condo and a third- and fourth-level two-story penthouse. The site is currently sized at approximately 0.11 acres, with approximately 4,791 SF of allowable ground coverage and up to three stories of vertical construction per applicable zoning and planning guidelines.
The property offers direct views of the Ravenel Bridge and is located in an Opportunity Zone. All approvals have been secured, supporting immediate development without an extended permitting wait.
For prospective builders and developers seeking a downtown site with a ready-to-move-forward, multi-unit plan, this property provides an approved path to development based on the current entitlement package.
The property offers direct views of the Ravenel Bridge and is located in an Opportunity Zone. All approvals have been secured, supporting immediate development without an extended permitting wait.
For prospective builders and developers seeking a downtown site with a ready-to-move-forward, multi-unit plan, this property provides an approved path to development based on the current entitlement package.
Key Highlights
- Fully entitled development site on East Bay St with permits ready to be issued for a planned multi‑unit project.
- Permits ready include: first‑floor office, second‑story condo, and two‑story penthouse on the third and fourth levels.
- Plans allow up to three stories of vertical construction, for residential and commercial uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,247
Businesses Nearby
Explore this area
Business Placement
Demographics for 29403, SC
21,363
Population
13,013
Households
1.6
Avg Household Size
30
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
3,956
Density / Sq Mi
$65,689
Median Household Income
$43,421
Median Earnings
$1,658
Median Rent
$624,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Fully entitled development site on East Bay Street with permits ready for planned multi-unit improvements.
Where is this commercial land located?
The property is located at 645 E Bay St Charleston, SC.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Fully entitled development site on East Bay St with permits ready to be issued for a planned multi‑unit project.; Permits ready include: first‑floor office, second‑story condo, and two‑story penthouse on the third and fourth levels.; Plans allow up to three stories of vertical construction, for residential and commercial uses.
