89 Cannon St Charleston, SC 29403
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Restaurants
Property Details for 89 Cannon St
- Property type
- Restaurants
Description
This exceptional 2,303-square-foot restaurant space at 89 Cannon Street in Charleston, South Carolina, presents a unique opportunity for discerning restaurateurs. Located in the highly sought-after Short Term Rental Overlay district, this first-generation space boasts over 100 linear feet of captivating storefront along Cannon Street, showcasing 11-foot-tall glass windows and doors. The expansive interior, featuring 13-foot ceilings, handsomely detailed windows and façade, and a recessed corner entrance, can comfortably seat over 90 diners. A rare amenity in this area, the property includes valuable sidewalk dining space. Scheduled for completion in Q4 2024, this allows prospective tenants to participate in the design and planning process. The shell will include essential MEP infrastructure, a sprinkler system, a 2,000-gallon grease trap, and two vertical chases for a hood system, along with a concrete slab with plumbing provisions. A tenant improvement allowance is available for qualified tenants and terms. The development also incorporates eight new short-term rental units, potentially providing a built-in customer base of up to 70 nightly visitors. This vibrant neighborhood, situated within a few blocks of over 1,000 vacation rental units, is rapidly becoming a culinary hotspot, attracting renowned James Beard and Michelin-recognized chefs and restaurants. Its central location offers easy access to King Street, just a seven-minute walk away. The 29403 zip code ensures a prime address in Charleston's thriving food scene.
Value Estimations
based on Realmo’s proprietary methodology
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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
- -79.9461
- Latitude
- 32.7893
