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    394 Meeting St Charleston, SC 29403

    Sponsored
    For Sale
    $3,500,000

    Charleston SC Office Space - 10,218 SF

    Property size:
    10,218 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,218-square-foot office building at 394 Meeting Street in Charleston, South Carolina, presents a unique investment opportunity. Priced at $3,500,000 ($342.53/sq ft), this multi-tenant property boasts a 90% occupancy rate and features both executive and creative office spaces. Built in 1960 and extensively renovated in 2008 (with further updates in 2019), the building offers a modern, turnkey solution. The interior includes several glass offices, large conference rooms, spacious bullpen areas, and multiple break rooms, including a newly updated kitchenette added in 2019. Recent improvements also encompass new carpeting, LED lighting, fresh interior paint, and resurfaced floors. Seven secure parking spaces are available within a gated lot at the rear of the property. Situated on a 0.17-acre lot, this General Business (GB) zoned property benefits from a central location, close proximity to major roadways (Interstate 26 and Highway 17), and its placement within an Opportunity Zone. The building's flexible layout allows for occupancy of the entire building, either floor individually, or further subdivision, catering to diverse business needs. This prime location is surrounded by new residential and hospitality developments, reflecting the vibrant growth of downtown Charleston. This is an ideal opportunity for businesses seeking to thrive in this dynamic urban environment.

    Property Features for 394 Meeting St

    General Information

    Property type
    Office space
    Square Feet
    10,218 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built/Renovated
    1960/2008

    HighLights

    • Prime downtown location.
    • Dedicated on‑site parking included.
    • Situated in a designated Opportunity Zone, offering potential tax benefits.
    Property Profile Location Intelligence

    Current Use by Public Records

    MEETING STREET CIGAR ... Tobacco Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.9370556
    Latitude
    32.7916648

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    FAQs

    What type of property is this?
    Office space - Charleston SC Office Space - 10,218 SF
    Where is this office space located?
    The property is located at 394 Meeting St Charleston, SC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Prime downtown location.; Dedicated on-site parking included.; Situated in a designated Opportunity Zone, offering potential tax benefits.
    Request Owner's contact information
    394 Meeting 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
    394 Meeting St Charleston, SC 29403
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