420 King, Charleston, SC

420 King is a $5,500,000, 10,000 square foot home located in Charleston, SC.

Seller’s Description

Located a mere 200 feet from the Hotel Bennett, 420 King Street is a prime mixed-use building in the heart of downtown Charleston's bustling Upper King Street district. The property offers an excellent opportunity for investors seeking a value-add project in one of the most sought-after retail and entertainment corridors in the southeast.Comprising a dynamic blend of office and residential units on the second floor, along with two attractive retail spaces on the ground floor, 420 King Street offers versatility and potential. National retailer FP Movement provides stable income for the next eight years, with renewal options beyond that. Perfectly situated within an Opportunity Zone, this property presents advantageous tax incentives for investors. The high-profile Upper King Street area is renowned for its vibrant atmosphere, boasting an array of luxury hotels, local and national boutique shops, nationally renowned restaurants, and thriving nightlife establishments. Surrounded by several hundred apartment units, the College of Charleston campus, and the picturesque Marion Square, which hosts a myriad of events throughout the year, 420 King Street enjoys a strategic location that ensures a steady stream of foot traffic and business opportunities. ALL SHOWINGS REQUIRE 48 HOUR NOTICE.This information has been secured from sources Colony Commercial, LLC believes to be reliable, but Colony Commercial, LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, lease terms, or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.