220 King StCharleston, SC 29401

Property Details for 220 King St

Year built

1985

Lot size

0.09 AC

Property size (Sq ft)

9,521 SF

Property type

Other commercial real estate

APN

457-08-02-025

APU

4570802025

Description

This exceptional three-story, 10,032 square foot building, constructed in 1835, sits at the coveted corner of King and Market Streets in Charleston's Historic District. The property boasts a prime location within a top-ten US shopping district, directly across from the Charleston Place Hotel and a block from the Historic Charleston City Market. Currently configured with retail space on the first and second floors, executive office suites, and a residential penthouse apartment on the third floor, it offers a unique blend of uses. Two tenants, Christian Michi and Lampshade Library, are currently in place, with Christian Michi operating under a short-term sale leaseback agreement. The building features a red brick facade, granite lintels, one elevator, and two interior staircases. The 0.09-acre lot includes the addresses 141 and 145 Market Street. Ample parking is available nearby in city-managed lots and parking decks. Zoned General Business and within the Short Term Accommodations Overlay District, this property presents a rare opportunity for owner-occupants or investors seeking a high-profile, mixed-use asset in a thriving downtown location. The building's rich history and unparalleled location make it a truly unique investment. The asking price is $8,500,000. The net rentable square footage is 9,032. The property has eight keys and is a single tenancy. The lease expiration is March 31, 2025, with 0.4 years remaining. The Charleston County Tax ID is 457-08-02-025. The South Carolina Commercial MLS number is 31000784.

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.7805

Longitude

-79.9329

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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