Restaurant Site with 7-Story
For Sale
Contact for pricing
1953 Savannah Highway, Charleston, SC 29407
Freestanding restaurant on 1.6 acres with overlay approval for up to seven stories at this key interchange setting.
Property Size5,474 SF
Lot Size1.60 Acres
Price / SF$656.74
Days on Market54
Property Features for 1953 Savannah Highway
General Information
Standard status
Active
Size
5,474 SF
Lot size
1.60 Acres
Property subtype
Retail
Zoning
City of Charleston - GB - General Business
Additional Details
Highway Access
Yes
Building Details
Year Built
1996
Listing Agency:
Oswald Cooke & Associates
(843) 343-1351
Listed By:
Benjy Cooke · License #SC 39847
Source:
Crexi
Added: Jun 30
Changed: Aug 8
Last Checked: Aug 21 at 9:54PM
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 Oswald Cooke & Associates
Investment Insights
Based on property information with market context.
The offering is a prominently positioned 5,474 SF restaurant on 1.6 acres. The property sits within an overlay district that permits a maximum building height of up to seven stories, creating flexibility for future redevelopment or expansion. With its restaurant configuration and on-site acreage, the site supports operators looking for an existing foodservice asset and buyers evaluating development potential under the governing overlay restrictions.
The property is located in the heart of the Savannah Highway 526 interchange and is surrounded by a mix of retail, hospitality, and established local and national businesses. Behind the parcel, the West Ashley Greenway is directly adjacent, with secured additional funding for upgrades and expansion. The surrounding commercial environment includes retailers and brands such as Chick-fil-A, Citadel Mall, McDonald’s, Cook Out, Costco, Taco Bell, CVS, Food Lion, Piggly Wiggly, Target, Belk, Whole Foods, Best Buy, Michaels, and others.
For restaurant users, the asset provides an existing site designed for foodservice operations. For developers and investors, the overlay district’s seven-story height cap offers a clear redevelopment framework for reimagining the property while remaining in a dense retail and hospitality trade area.
The property is located in the heart of the Savannah Highway 526 interchange and is surrounded by a mix of retail, hospitality, and established local and national businesses. Behind the parcel, the West Ashley Greenway is directly adjacent, with secured additional funding for upgrades and expansion. The surrounding commercial environment includes retailers and brands such as Chick-fil-A, Citadel Mall, McDonald’s, Cook Out, Costco, Taco Bell, CVS, Food Lion, Piggly Wiggly, Target, Belk, Whole Foods, Best Buy, Michaels, and others.
For restaurant users, the asset provides an existing site designed for foodservice operations. For developers and investors, the overlay district’s seven-story height cap offers a clear redevelopment framework for reimagining the property while remaining in a dense retail and hospitality trade area.
Key Highlights
- Freestanding 5,474 SF restaurant on 1.6 acres, built in 1996
- Prominently positioned near the Savannah Highway 526 interchange
- Overlay district permits a maximum building height of 7 stories
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
220k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 35%
Electronics 15%
Groceries 11%
McDonald's
Dining
29,045 visits/mo
0.2 miles
Best Buy
Electronics
27,629 visits/mo
0.5 miles
Michaels
Shops & Services
26,843 visits/mo
0.5 miles
Cook Out
Dining
25,797 visits/mo
0.2 miles
Piggly Wiggly
Groceries
24,525 visits/mo
0.2 miles
Demographics for 29407, SC
35,373
Population
18,723
Households
1.9
Avg Household Size
39
Median Age
51%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,297
Density / Sq Mi
$80,568
Median Household Income
$51,827
Median Earnings
$1,388
Median Rent
$407,300
Median Home Value
Market
Vacancy Rate% for Retail in Charleston, SC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant on 1.6 acres with overlay approval for up to seven stories at this key interchange setting.
Where is this conventional restaurant located?
The property is located at 1953 Savannah Highway Charleston, SC.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: Freestanding 5,474 SF restaurant on 1.6 acres, built in 1996; Prominently positioned near the Savannah Highway 526 interchange; Overlay district permits a maximum building height of 7 stories
