Property profile

3 Broad St 1 Charleston, SC 29401

OFF-MARKET
Commercial real estate
Property ID
US77-0728902
2,210 SF Built 1853
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This iconic Charleston landmark, 3 Broad Street, presents a unique opportunity to lease executive office space in a historically significant building. Constructed in 1854, this four-story, 11,500 square foot building boasts stunning façades on both Broad and East Bay Streets. The building's rich history and prime location in Charleston's historic downtown district offer an unparalleled professional address. Currently, six individual office suites are available, ranging in size from 150 to 1,534 square feet, providing flexibility for businesses of various sizes. The building's multiple tenancy structure fosters a vibrant and collaborative work environment, with a diverse mix of existing tenants. The property is zoned for limited business use, making it ideal for professional services and similar enterprises. This is a rare chance to secure office space in a meticulously preserved piece of Charleston's architectural heritage. The building's unique design, encompassing both 3 Broad Street and a connection to 117 East Bay Street, creates a truly distinctive and memorable workspace. The available suites are located on the second and fourth floors, offering a variety of options to suit individual business needs. This property offers a blend of historical charm and modern functionality, perfect for businesses seeking a prestigious and inspiring location. The building's location within Charleston County provides easy access to the city's amenities and vibrant cultural scene.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1853
Total area 2,210 SF
APN 458-09-03-200
UPID US77-0728902

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Art Gallery
  • Photography Service (Bike/Boat/Book/etc) Store
  • Law Firm
  • Alternative Medicine Practice Spa & Massage Center
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Location

3 Broad St, Unit 1 Charleston, SC 29401-3000
Charleston metro Census 200 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$937k
Blend (final) Blend
$935k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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