83 Mary St Charleston, SC 29403-7206
This exceptional four-story mixed-use building, constructed in 2019, offers 8,317 square feet of versatile space in Charleston, SC's vibrant Upper King Street area. Located at 83 Mary Street, this property boasts a prime location just steps from the bustling King Street, known for its renowned shopping, dining, and nightlife. The building's modern design features high ceilings, abundant natural light, and an open floor plan on each floor, making it ideal for a variety of uses, including restaurants, retail, office space, or late-night establishments. A key feature is the rooftop, which offers stunning views of the peninsula and the Ravenel Bridge, and is uniquely exempt from late-night ordinances, presenting a lucrative rooftop bar opportunity. The ground floor is currently leased, and the building's MU-2 zoning allows for diverse commercial uses. The property's proximity to planned hotels across the street further enhances its investment potential. The first floor is equipped with a hood, exhaust system, and grease trap, making it restaurant-ready. This is a rare opportunity to acquire a modern, high-demand commercial property in a rapidly growing area of Charleston. The asking price is $6,000,000, representing a price per square foot of $721.41. Don't miss this chance to capitalize on the thriving Charleston market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.