Mixed-Use Development Land with Height
For Sale
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645 E Bay St, Charleston, SC 29403
Cleared development lot on a major Downtown Charleston corridor, zoned Mixed Use 1 with workforce housing incentives.
Property SizeContact for details
Days on Market120
Property Features for 645 E Bay St
General Information
Standard status
Active
Property subtype
Land
Zoning
MU-1/WF
Additional Details
Traffic Count
21,400 vehicles/day
Listing Agency:
Matt O'Neill
(843) 654-7777
Listed By:
Paul Kelton · License #117366
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 2:38PM
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 Matt O'Neill
Investment Insights
Based on property information with market context.
This cleared development lot is available with no current leases or other obligations on the site. The parcel is zoned Mixed Use 1, Workforce Housing District, which is the City of Charleston’s densest zoning category currently offered, with development intensity primarily limited by building height rather than other use constraints. The bulk of the property on the E Bay St side is subject to a 5-story height limit, while the rear portion has a 2 1/2 to 3-story limit.
Located at the base of the Ravenel Bridge between Mount Pleasant and the Historic Charleston Business District approach, the property is adjacent to the new multifamily development at 655 Easy Bay. E Bay St is described as a main corridor to historic Downtown Charleston with reported 21,400 VPD.
The MU-1/WF district is incentive based and intended to encourage high-density residential development with affordable housing units and commercial uses. It permits the same commercial uses as the Limited Business district, with permitted commercial hours for most uses restricted to between 7 a.m. and 11 p.m.
Located at the base of the Ravenel Bridge between Mount Pleasant and the Historic Charleston Business District approach, the property is adjacent to the new multifamily development at 655 Easy Bay. E Bay St is described as a main corridor to historic Downtown Charleston with reported 21,400 VPD.
The MU-1/WF district is incentive based and intended to encourage high-density residential development with affordable housing units and commercial uses. It permits the same commercial uses as the Limited Business district, with permitted commercial hours for most uses restricted to between 7 a.m. and 11 p.m.
Key Highlights
- Cleared development lot with no current leases or other obligations.
- Zoned Mixed Use 1, Workforce Housing District (MU‑1/WF), the city’s densest zoning category currently offered.
- Allows high‑density residential development limited by height: 5‑story limit on the E Bay St side and 2.5–3 story limit in the rear portion.
Property Analytics
Current Use
Lease Details
21,400 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,068
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?
Residential land & home lot - Cleared development lot on a major Downtown Charleston corridor, zoned Mixed Use 1 with workforce housing incentives.
Where is this residential land & home lot located?
The property is located at 645 E Bay St Charleston, SC.
What are key features of this property?
This property features: Cleared development lot with no current leases or other obligations.; Zoned Mixed Use 1, Workforce Housing District (MU‑1/WF), the city’s densest zoning category currently offered.; Allows high‑density residential development limited by height: 5‑story limit on the E Bay St side and 2.5–3 story limit in the rear portion.
