387 Sumter St Charleston, SC 29403
- Churches & religious facilities
- 3,829 SF
- 0.16 lot acres
Current Use by Public Records
- Solid Rock Christian Fellowship / Church
Property Details for 387 Sumter St
- Year built
- 1960
- Lot size
- 0.16 lot acres
- Property size
- 3,829 SF
- Property type
- Churches & religious facilities
- Property subtype
- Schools
- APN
- 460-07-02-090
Description
This unique 3,829 sq ft property, located at 387 Sumter St in Charleston, SC, presents a compelling redevelopment opportunity. Situated on a 0.16-acre lot (6,970 sq ft), this former church building offers significant potential for adaptive reuse. Currently vacant, the property boasts a DR-2F zoning designation, allowing for multi-family development. The 2019 down-zoning of surrounding properties to DR-1F did not affect this lot, preserving its higher density potential. Based on minimum lot size requirements, the site could accommodate up to four apartment units. Built in 1960, the single-story building and lot are well-maintained and in excellent condition. Its prime location, within walking distance of Hampton Park and MUSC, adds significant value. The asking price is $800,000, translating to $208.93 per square foot. This represents a rare chance to capitalize on Charleston's thriving real estate market and the increasing demand for residential units in this desirable Westside neighborhood. The property's history as a church building offers a unique architectural character, perfect for creative conversion into apartments or other mixed-use developments. This is a truly exceptional opportunity for investors seeking a high-return project in a prime Charleston location. The APN is 460-07-02-090.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Charleston
- State
- South Carolina
- Longitude
- -79.9514683
- Latitude
- 32.7951017
