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    190 Coming St Charleston, SC 29403

    Sponsored
    For Sale
    $1,249,900

    .11-acre lot, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional .11-acre lot (4,649 square feet) presents a prime development opportunity in the heart of Charleston, South Carolina. Located just two blocks from King Street, the property boasts DRF-2 zoning, permitting the construction of a two-unit, 2.5-3 story residential building. Currently, a 400-square-foot building with grandfathered light commercial zoning operates as a hair salon, offering immediate income potential. The zoning allows for the creation of up to eight bedrooms, potentially generating an estimated gross operating income of $168,000 annually. This location benefits from Charleston's historic charm, strong tourism, and robust rental market, ensuring stable property values and high demand. The property's address is 190 Coming St, Charleston, SC 29403, and its APN is 4601201048. The asking price is $1,249,900. This is an ideal investment for those seeking to capitalize on Charleston's thriving real estate market. The property's combination of residential and commercial potential makes it a unique and highly attractive opportunity.

    Property Features for 190 Coming St

    General Information

    Property type
    Land
    Lot Size
    4,792 SF

    HighLights

    • Historic Charm & High Demand: Downtown Charleston's distinctive historic architecture drives strong buyer and renter demand, boosting property values.
    • Prime Commercial Investment: Downtown Charleston's economic strength offers diverse commercial investment opportunities, including retail and office spaces.
    • Robust Tourism Market: Charleston's thriving tourism creates high demand for short‑term rentals and visitor‑oriented commercial properties.
    • High‑Demand Rental Market: Strong rental demand, especially in the luxury sector, yields high rental rates for centrally located properties.
    • Stable Property Values: Limited supply and high demand contribute to stable property values, mitigating market fluctuations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hair's Best By ... Beauty Salon

    Suggested Use

    Realty agency Spa & Massage Restaurant Law Firm Hair Salon Dental Office Nail Salon Building Supply Daycare Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.9423899
    Latitude
    32.7898552

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    FAQs

    What type of property is this?
    Land - .11-acre lot, mixed-use potential.
    Where is this land located?
    The property is located at 190 Coming St Charleston, SC.
    What is the asking price?
    The asking price for this property is $1,249,900.
    What are key features of this property?
    This property features: Historic Charm & High Demand: Downtown Charleston's distinctive historic architecture drives strong buyer and renter demand, boosting property values.; Prime Commercial Investment: Downtown Charleston's economic strength offers diverse commercial investment opportunities, including retail and office spaces.; Robust Tourism Market: Charleston's thriving tourism creates high demand for short-term rentals and visitor-oriented commercial properties.
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    190 Coming St Charleston, SC 29403
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    Charleston, SC 29403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    190 Coming St Charleston, SC 29403
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