Advertise
You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

    345 King St Charleston, SC 29401-1438

    Commercial real estate Google Maps
    3,892 SF 0.05 ac lot Built 1883
    Entity Owned ~ Est. High Equity
    345 King St, Charleston, SC 29401-1438 For Lease 1 / 3
    Contact for pricing 3,355 SF available
    345 King St, Charleston, SC 29401-1438
    View Listing →
    Estimated value (blended)
    $3.60M
    Range $3.24M – $3.96M (±10%)
    Property ID US77-2882339

    Property summary

    AI-generated overview

    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.

    Property profile

    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1883
    Total area 3,892 SF
    Lot 0.05 ac (2,178 SF)
    APN 457-04-02-035
    UPID US77-2882339

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Hotel & Motel Resort
    • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • Clothing Store
    • Clothing Store
    • Home Decor Store Department Store
    5 occupants on record

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.27M
    Blend (final) Blend
    $3.60M

    Owner & transaction history

    since 2025
    Last sale
    $2.9M
    7 recorded transactions
    2025
    $2.9M
    2023
    Price N/A
    2021
    $2.9M
    2017
    $2.5M
    2010
    Price N/A
    2010
    $2.3M
    2008
    $1.5M

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation by Request
      14,922 SF
      170 Meeting Street Rd
      Office Units
      170 Meeting Street Rd, Charleston, SC 29401
      View Details
    • Value Estimation by Request
      0.11 Acres
      42 Bay St
      COMMERCIAL (GENERAL)
      42 Bay St, Charleston, SC 29401-2547
      View Details
    • Value Estimation by Request
      3.00 Acres
      246 Bay St
      COMMERCIAL (GENERAL)
      246 Bay St, Charleston, SC 29401-2606
      View Details
    • Value Estimation by Request
      4,198 SF
      235 Meeting St
      COMMON AREA (COMMERCIAL)
      235 Meeting St, Charleston, SC 29401-3107
      View Details
    • Value Estimation by Request
      5,721 SF
      103 Church St
      COMMON AREA (COMMERCIAL)
      103 Church St, Charleston, SC 29401-2501
      View Details
    • Value Estimation by Request
      1,114 SF
      240 A Calhoun St
      Investment properties
      240 A Calhoun St, Charleston, SC 29401
      View Details

    Similar Nearby for Sale

    • New
      $1,400,000
      30.00 Acres
      Residential Development Land Parcel
      Entitled residential development land with a wetlands-crossing permit in hand and a sewer-tap commitment.
      00 Cone St, Charleston, SC 29401
      View Details
    • New
      Contact for pricing
      1,879 SF
      Historic Downtown Charleston Office Suite
      Office suite in the historic Franke Building, downtown Charleston.
      171 Church Street, Charleston, SC 29401
      View Details
    • New
      Contact for pricing
      Mixed-Use Building with Restaurant
      Triple-net restaurant space on the first floor with a recently renovated two-bedroom, two-bath apartment above.
      349 King Street, Charleston, SC 29401
      View Details
    • New
      $4,695,000
      7,159 SF
      Charleston Multifamily Investment Opportunity
      Nine-unit property blending historic charm with modern luxury.
      176-178 Broad Street, Charleston, SC 29401
      View Details
    • New
      Contact for pricing
      4,500 SF
      Redevelopment Land with Office Conversion
      Two adjacent parcels include a vacant parking lot and a single-story office conversion with mixed zoning on one lot.
      84 Halsey Boulevard, Charleston, SC 29401
      View Details
    • New
      Contact for pricing
      2,600 SF
      Second-Floor Office Suite in Historic Building
      Well-configured office suite with open workspace and private offices in the historic Franke Building downtown.
      171 Church Street #Unit 2c1, Charleston, SC 29401
      View Details

    Similar Nearby for Lease

    • New
      Contact for pricing
      2,490 sqft
      Historic Retail Storefront Space
      Retail storefront space with high ceilings available at 168-A and 168-B Church Street.
      168c Church Street, Charleston, SC 29401
      View Details
    • New
      Contact for pricing
      335 sqft
      Flexible Coworking Office Space
      Coworking office with dedicated mail service, kitchen amenities, and high-speed Wi-Fi access.
      18 Broad St, Charleston, SC 29401
      View Details
    • New
      Contact for pricing
      300 sqft
      Second-Floor Executive Office Suites
      Second-floor office suites in a three-story, multi-tenant building on Broad Street.
      11 Broad St, Charleston, SC 29401
      View Details
    • New
      Contact for pricing
      5,116 sqft
      Flagship Retail Space on King
      Prime retail space in Charleston's luxury shopping district.
      360 King St, Charleston, SC 29401
      View Details
    • New
      Contact for pricing
      1,523 sqft
      Downtown Charleston Retail Sublease Opportunity
      Prime retail space in Charleston's tourist district available for sublease.
      149 E E Bay Street, Charleston, SC 29401
      View Details
    • New
      Contact for pricing
      1,637 sqft
      Historic Office/Retail Space
      Second and third floor suite in a historic building on a prime retail corridor.
      356 King Street, Charleston, SC 29401
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    345 King St, Charleston, SC, 29401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!