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46 Queen St Charleston, SC 29401

For Sale
$9,745,000

16 Units, Prime Location, High Occupancy

Property size:
13,334 SF

Description

Added:
Dec 11, 2024
Days on Market:
360
This exceptional multifamily investment opportunity presents 16 units in Charleston's Historic District, commanding a prime location near Waterfront Park and the Mills House Hotel. The property comprises three buildings, totaling 13,334 square feet, built in 1890 (with portions dating back to circa 1799), and featuring a mix of unit sizes: nine one-bedroom/one-bathroom units, five two-bedroom/two-bathroom units, one three-bedroom/three-bathroom unit, and one commercial unit. All units are currently 100% occupied. The buildings boast charming historic details, including wide piazzas, exposed brick walls, and exposed wooden beams, while offering modern amenities such as fire sprinklers and full basements with poured concrete floors. The property includes 16 off-street parking spaces, a significant advantage in this desirable area. The buildings are situated on a 0.13-acre lot and are zoned SR-5. This property offers a unique blend of historical charm and modern functionality, presenting a compelling investment opportunity in Charleston's thriving real estate market. The asking price is $9,745,000, representing $730.84 per square foot and $609,062.50 per unit. The property's four stories and its combination of residential and commercial space provide significant flexibility for future development and income generation. This is a rare chance to acquire a piece of Charleston's rich history and capitalize on its enduring appeal.

Property Features for 46 Queen St

General Information

Property type
Multifamily properties
Square Feet
13,334 SF
Class
A
Lot Size
5,663 SF

Building Details

Year Built
1890
Buildings
3
Stories
4
Units
16

HighLights

  • 15 residential units and 1 commercial unit
  • 22 bedrooms, 22 bathrooms
  • 16 off‑street parking spaces
  • Full basements with poured concrete floors
  • Prime waterfront location near Waterfront Park
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant 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
-79.92988254959
Latitude
32.778231361395

FAQs

What type of property is this?
Multifamily property - 16 Units, Prime Location, High Occupancy
Where is this multifamily property located?
The property is located at 46 Queen St Charleston, SC.
What is the asking price?
The asking price for this property is $9,745,000.
What are key features of this property?
This property features: 15 residential units and 1 commercial unit; 22 bedrooms, 22 bathrooms; 16 off-street parking spaces
More about this property
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