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    18 Pinckney St Charleston, SC 29401

    Sponsored
    For Sale
    $2,200,000

    Historic Downtown Charleston eatery, 2,500 sq ft, 2 stories.

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional restaurant property at 18 Pinckney Street in Charleston, South Carolina, presents a rare investment opportunity. Located just one block from the City Market and directly across from carriage tour operators, this two-story, 2,500 square foot building boasts a prime downtown location. The property, which housed Cru Cafe for over two decades, offers a versatile layout. The ground floor features a fully equipped restaurant kitchen, a spacious dining room, a bathroom, and a charming dining porch. Upstairs, you'll find an office, ample inventory storage, a meeting area, a secondary kitchen, another bathroom, and a second porch. A large, shaded brick patio provides additional outdoor seating, conveniently located near the main entrance. Further storage is available in a detached shed behind the kitchen. The property sits on a 0.07-acre lot and is zoned for limited business use. This is a 1031 exchange eligible property. The existing furniture, fixtures, and equipment (FF&E) are available for separate purchase. This is an ideal opportunity for an established restaurant or a new culinary venture seeking a high-visibility location in the heart of Charleston's vibrant historic district.

    Property Features for 18 Pinckney St

    General Information

    Property type
    Restaurants
    Square Feet
    2,500 SF
    Lot Size
    3,049 SF

    Building Details

    Stories
    2

    HighLights

    • $2,200,000 asking price for this Charleston restaurant.
    • 2,500 square foot, two‑story building on a 0.07‑acre lot.
    • Located at 18 Pinckney St, Charleston, SC 29401, one block from the City Market.
    • Limited Business zoning.
    • Broker co‑op available; 1031 exchange considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cru Cafe Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.928795936559
    Latitude
    32.782381578148

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    FAQs

    What type of property is this?
    Restaurant - Historic Downtown Charleston eatery, 2,500 sq ft, 2 stories.
    Where is this restaurant located?
    The property is located at 18 Pinckney St Charleston, SC.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price for this Charleston restaurant.; 2,500 square foot, two-story building on a 0.07-acre lot.; Located at 18 Pinckney St, Charleston, SC 29401, one block from the City Market.
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    Charleston, SC 29401
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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
    18 Pinckney St Charleston, SC 29401
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