Charleston Multifamily Property with Condo
For Sale
Contact for pricing
176 Broad St, Charleston, SC 29401
Nine-unit property blending historic charm with modern luxury near Colonial Lake.
Property SizeContact for details
Days on Market749
Property Features for 176 Broad St
General Information
Standard status
Active
Class
A
Property subtype
Multifamily
Zoning
DR-1F
Building Details
Year Built
1880
Listing Agency:
KW Commercial Charleston-West Ashley
(843) 823-4078
Listed By:
Jonathan Holt · License #SC 46092
Source:
Crexi
Added: Jul 24, 2024
Changed: Aug 11
Last Checked: May 12 at 8:35PM
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 KW Commercial Charleston-West Ashley
Investment Insights
Based on property information with market context.
The property at 176-178 Broad Street comprises three buildings that combine historic charm with modern luxury. This property includes nine units: four one-bedroom, one-bathroom units, four two-bedroom, two-bathroom units, and one two-bedroom, one-bathroom unit, totaling 14 bedrooms and 13 bathrooms. The units have been updated to provide modern comforts while preserving historic elements such as exposed wood beams, decorative fireplaces, wood floors, piazzas, and spiral staircases. Nine off-street parking spaces are available. Located close to Colonial Lake, this property offers an investment opportunity. The building is in the process of a condo conversion, to be completed by the end of 2025, offering the opportunity to keep as a cash flowing property or sell off units individually.
Key Highlights
- Prime location near Colonial Lake.
- Nine meticulously updated units blending historic charm with modern luxury.
- Potential for condo conversion to be completed by the end of 2025.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,599
Businesses Nearby
Explore this area
Business Placement
Demographics for 29401, SC
9,145
Population
5,808
Households
1.6
Avg Household Size
38
Median Age
75%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
6,097
Density / Sq Mi
$90,074
Median Household Income
$45,653
Median Earnings
$1,838
Median Rent
$1,165,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Nine-unit property blending historic charm with modern luxury near Colonial Lake.
Where is this apartment building located?
The property is located at 176 Broad St Charleston, SC.
What is the asking price?
The asking price for this property is $4,895,000.
What are key features of this property?
This property features: Prime location near Colonial Lake.; Nine meticulously updated units blending historic charm with modern luxury.; Potential for condo conversion to be completed by the end of 2025.
