394 Meeting StCharleston, SC 29403

  • Other commercial real estate
  • 5,109 SF
For Sale
$3,500,000 View listing

Property Details for 394 Meeting St

Year built
2000
Lot size
0.17 AC
Property size (Sq ft)
5,109 SF
Property type
Other commercial real estate
APN
459-09-03-105
APU
4590903105

Description

This exceptional 10,218-square-foot office building at 394 Meeting Street in Charleston, South Carolina, presents a unique investment opportunity. Priced at $3,500,000 ($342.53/sq ft), this multi-tenant property boasts a 90% occupancy rate and features both executive and creative office spaces. Built in 1960 and extensively renovated in 2008 (with further updates in 2019), the building offers a modern, turnkey solution. The interior includes several glass offices, large conference rooms, spacious bullpen areas, and multiple break rooms, including a newly updated kitchenette added in 2019. Recent improvements also encompass new carpeting, LED lighting, fresh interior paint, and resurfaced floors. Seven secure parking spaces are available within a gated lot at the rear of the property. Situated on a 0.17-acre lot, this General Business (GB) zoned property benefits from a central location, close proximity to major roadways (Interstate 26 and Highway 17), and its placement within an Opportunity Zone. The building's flexible layout allows for occupancy of the entire building, either floor individually, or further subdivision, catering to diverse business needs. This prime location is surrounded by new residential and hospitality developments, reflecting the vibrant growth of downtown Charleston. This is an ideal opportunity for businesses seeking to thrive in this dynamic urban environment.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $528,506
    Hospitality
    $484,109
    Educational
    $402,773
    Medical
    $416,625
    Retail
    $626,536
394 Meeting St, Charleston, South Carolina
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Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7917
Longitude
-79.937
CBSA code
16700
CBSA name
CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$47,119
-
-
$171,680
-
$951,625
$2,298,275
$3,249,900

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