345 King St Charleston, SC 29401
- Commercial real estate
- 3,892 SF
- 0.05 lot acres
Current Use by Public Records
- King Street Cabana Club / Event Venue
- Birdies Slippers / Shoe Store
- ellsworth & ivey / Clothing Store
- Kenny Flowers – Charleston / Clothing Store
- Kissmet / Home Goods Store / Lighting Store
Property Details for 345 King St
- Year built
- 1883
- Lot size
- 0.05 lot acres
- Property size
- 3,892 SF
- Property type
- Commercial real estate
- APN
- 457-04-02-035
- APU
- 4570402035
Description
This exceptional Class A, 3,355 square foot shopping center presents a compelling investment opportunity. Located at 345 King Street in Charleston, South Carolina (29401), this two-story, single-tenant property boasts a 100% occupancy rate with a modified gross lease in place until July 31, 2026, featuring annual escalations. The tenant, Kenny Flowers, an upscale tropical clothing and lifestyle brand, utilizes the ground floor as retail/showroom space and the second floor as an event space complete with a bar and patio. Built in 1900 and extensively renovated in 2023, the property sits on a General Business zoned lot (APN 457-04-02-035) in the heart of Charleston's vibrant retail district, surrounded by luxury retailers, hotels, and acclaimed restaurants. This stabilized investment offers a below-market lease rate with a strong tenant, creating a highly desirable, low-risk opportunity for long-term growth or a 1031 exchange. The asking price is $3,400,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Charleston
- State
- South Carolina
- Longitude
- -79.9358
- Latitude
- 32.7847
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
