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Property profile & analytics
OFF-MARKET Estimated value $1,930,000
Commercial real estate

494 King St Charleston, SC 29403-5527

3,600 SF 0.19 ac lot Built 1978
Entity Owned 14-yr Hold Free & Clear
Property ID
US77-0242732
Property summary
AI-generated overview

The iconic Bluestein Building, a three-story structure at 494 King Street in Charleston, South Carolina, presents a unique leasing opportunity. This 7,020 square foot retail space, featured in the movie "The Notebook," boasts a striking blue facade and is situated in the heart of Midtown Charleston. Built in 1989, preserving the original facade, the building offers a blend of historic charm and modern functionality. The property includes two suites, with a minimum divisible space of 3,400 square feet and a maximum contiguous space of 7,020 square feet. Currently, the entire 7,020 square feet is vacant, providing a blank canvas for a discerning tenant. The building's prime location offers excellent visibility and accessibility, surrounded by a vibrant mix of local and national retailers, restaurants, hotels, and office spaces. On-site parking and approved signage are additional benefits. This landmark property offers a rare chance to establish a presence in one of Charleston's most desirable commercial districts. The building sits on a 7,020 square foot lot in Charleston County, zip code 29403. This is an exceptional opportunity for a retailer, restaurant, or a combination of both, potentially incorporating upstairs office space. The Bluestein Building's prominent location and distinctive architecture make it a highly sought-after commercial property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Total area 3,600 SF
Lot 0.19 ac (8,276 SF)
APN 460-12-02-020
UPID US77-0242732
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Uncle Kyle's Sweater Emporium Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.93M
Blend (final) Blend
$1.93M
Owner & transaction history
494 King Street LLC · 14 yrs held
494 King Street LLC
since 2012
2 recorded transactions
2012
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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