345 King St, Charleston, SC 29401-1438
- Commercial real estate
- 3,892 SF
- 0.05 lot acres
Current Use by Public Records
- King Street Cabana Club / Hotel & Motel / Resort
- Birdies Slippers / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
- ellsworth & ivey / Clothing Store
- Kenny Flowers – Charleston / Clothing Store
- Kissmet / Home Decor Store / Department Store
Property Details for 345 King St
- Year built
- 1883
- Lot size
- 0.05 lot acres
- Property type
- Commercial real estate
- APN
- 457-04-02-035
- APU
- 4570402035
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 3, 2025 | $2,925,000 | Williston LLC | 345 King Street Holdings LLC | Deed | $1.5M · Southstate Bank NA |
| May 11, 2023 | — | 345 King Street Holdings LLC | Marie Phelan Kim | Warranty Deed | $800k · First Capital Bank |
| Nov 15, 2021 | $2,850,000 | Marie Phelan Kim | 345 King Investors LLC | Deed | $200k · Cogent Bank |
| Feb 2, 2017 | $2,500,000 | 345 King Investors LLC | 345 King Street LLC | Grant Deed · related | $2.5M · Southern First Bk NA |
| Mar 1, 2010 | — | 345 King Street LLC | Rhoad,dennis J | Grant Deed · related | — |
| Feb 1, 2010 | $2,250,000 | All Time High Holdings LLC | Windy Point LLC | Grant Deed · related | $2M · Carolina First Bank |
| Jan 24, 2008 | $1,475,000 | Dennis J Rhoad | J & W Perey LLC | Grant Deed | — |
| Feb 9, 2004 | $1,170,010 | J & W Perey LLC | Perey Two INC | Grant Deed · related | — |
| Nov 17, 2003 | — | J&w Perey LLC | — | Grant Deed · related | — |
| Mar 17, 2003 | $725,000 | Perey Two INC | — | Grant Deed | — |
| — | — | J & W Perey LLC | — | Deed Of Trust · related | $537k · Certified Dev Corp/south Carol |
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 Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,270,000
- AI Estimate
- $4,270,000
Market price range: $1.65M - $4.84MMarket price range: $1.65M - $4.84M
Get a detailed, property-specific estimation — fast and free
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
