Current Use by Public Records
- Land
Property Details for 510 Meeting St
- Lot size
- 0.46 lot acres
- Property type
- Land
- Property subtype
- Hospitality properties
Description
Exceptional opportunity to acquire a 0.46-acre, four-parcel assemblage in Charleston, SC, zoned for General Business with an Accommodations Overlay. This prime site, located at the Meeting Street exit ramp from I-26 – the "Gateway to the City" – is entitled for a 100-key, five-story hotel development (including a mezzanine level). The property offers significant potential for a high-return hospitality investment. The assemblage includes parcels TMS #s 459-05-04-222, 459-05-03-077, 459-05-03-078, and 459-05-03-079. The asking price is $13,000,000. A long-term ground lease may be considered. This is a rare chance to develop a hotel in a highly desirable Charleston location. The property's strategic position at the Interstate 26 exit ramp ensures high visibility and accessibility. The permitted zoning allows for a five-story structure, maximizing development potential. This development opportunity presents a compelling investment proposition for experienced hospitality developers.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Charleston
- State
- South Carolina
- Longitude
- -79.9413
- Latitude
- 32.7975
