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    60 Romney St Charleston, SC 29403

    Sponsored
    For Sale
    $3,400,000

    8,911 SF, Two Buildings, Prime Location

    Property size:
    8,911 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Charleston, South Carolina redevelopment opportunity encompasses a substantial 8,911 square foot mixed-use property situated on a 0.537-acre lot. The property features two buildings, offering a versatile canvas for creative vision. The main building comprises warehouse space, office areas, and an apartment, while the rear building includes additional warehouse space and a walk-in refrigerator. Built in 1980 and 2000, this property presents a unique blend of existing structures and potential for significant upgrades. Its strategic location at 60 Romney St, Charleston, SC 29403, places it in close proximity to the Atlantic on Romney apartments and the Charleston Tech Center, ensuring high visibility and accessibility. The surrounding area is experiencing rapid redevelopment, presenting a compelling investment opportunity. Furthermore, the property benefits from its walkability to numerous restaurants, apartments, and offices, enhancing its appeal and potential for diverse uses. Convenient access to I-26 and major thoroughfares, including Highway 17, the Ravenel Bridge, Morrison Drive, and Meeting Street, ensures seamless connectivity throughout the Charleston area. The asking price is $3,400,000, translating to $381.55 per square foot. This presents a rare chance to acquire a substantial property in a thriving Charleston neighborhood poised for continued growth.

    Property Features for 60 Romney St

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,911 SF
    Lot Size
    23,392 SF

    Building Details

    Buildings
    2

    HighLights

    • $3,400,000 asking price.
    • 8,911 square foot mixed‑use property (retail and creative office).
    • Located on a 0.537‑acre lot in Charleston, SC.
    • Two buildings: a main building with warehouse, office, and apartment space; and a rear building with warehouse and walk‑in cooler.
    • Excellent location near I‑26, Highway 17, and other major thoroughfares.
    Property Profile Location Intelligence

    Current Use by Public Records

    Charleston Electrical Services ... Electrician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -79.9464196
    Latitude
    32.8076296

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    FAQs

    What type of property is this?
    Individual retail property - 8,911 SF, Two Buildings, Prime Location
    Where is this individual retail property located?
    The property is located at 60 Romney St Charleston, SC.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: $3,400,000 asking price.; 8,911 square foot mixed-use property (retail and creative office).; Located on a 0.537-acre lot in Charleston, SC.
    Request Owner's contact information
    60 Romney 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
    60 Romney St Charleston, SC 29403
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