387 Sumter St Charleston, SC 29403

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.