Second-Floor Office Suite in Historic
171 Church Street #Unit 2c1 Charleston, SC 29401
171 Church Street #Unit 2c1, Charleston, SC, 29401
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For Sale
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Well-configured office suite with open workspace and private offices in the historic Franke Building downtown.
Property Size2,600 SF
Price / SF$403.85
Days on Market57
Property Features for 171 Church Street #Unit 2c1
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- Office
Listing agency
CC & T Real Estate Services
Listed by
Malena Liguori · License #144881
Source
Crexi
Added: May 27 Updated: Jul 10 at 1:50PM Checked: Jul 17 at 12:06PM
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 CC & T Real Estate Services
Investment Insights
Based on property information with market context.
Located in the Franke Building at 171 Church St, this approximately 2,600 SF second-floor office suite offers an efficient, flexible layout within a well-maintained historic setting. The space includes expansive open workspace, two private offices, a storage room, and a kitchenette, providing practical separation for collaboration and focused work.
The property is positioned in the heart of Downtown Charleston, just off Meeting and Market Streets. It benefits from a dense commercial environment with nearby retailers, restaurants, hotels, and cultural destinations along one of the city’s most active corridors.
For buyers seeking an income-oriented acquisition, the current tenant’s lease expires in two years, creating a defined timeline for either continued tenancy or potential owner-occupancy. The suite’s mix of open and enclosed areas also supports a range of professional uses that need both collaboration space and dedicated offices.
The property is positioned in the heart of Downtown Charleston, just off Meeting and Market Streets. It benefits from a dense commercial environment with nearby retailers, restaurants, hotels, and cultural destinations along one of the city’s most active corridors.
For buyers seeking an income-oriented acquisition, the current tenant’s lease expires in two years, creating a defined timeline for either continued tenancy or potential owner-occupancy. The suite’s mix of open and enclosed areas also supports a range of professional uses that need both collaboration space and dedicated offices.
Key Highlights
- +/-2,600 SF second‑floor office suite in the historic Franke Building at 171 Church St in downtown Charleston
- Efficient, flexible layout with expansive open workspace plus two private offices
- Includes a storage room and kitchenette within the suite
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.7k | $22.20 |
| − Vacancy | −$9.1k | −$3.49 |
| EGI | $48.7k | $18.71 |
| − OpEx | −$12.2k | −$4.68 |
| NOI | $36.5k | $14.04 |
2,600 SF · lease $22.20/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$521.3K
$456.2K – $608.2K
NOI $36,493 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$703.6K
$615.7K – $820.9K
NOI $49,252 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Allison LaMantia
Law Firm
Smith Debnam Narron ...
Law Firm
Fairchild
Consultant
Southeastern Dental Consultants, ...
Dental Office
Gersony Strauss Co
Trucking Company
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FAQs
What type of property is this?
Office units - Well-configured office suite with open workspace and private offices in the historic Franke Building downtown.
Where is this office units located?
The property is located at 171 Church Street #Unit 2c1 Charleston, SC.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: +/-2,600 SF second‑floor office suite in the historic Franke Building at 171 Church St in downtown Charleston; Efficient, flexible layout with expansive open workspace plus two private offices; Includes a storage room and kitchenette within the suite
