567 King St

Charleston, SC
$ 3,400,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Building For Sale. Two stories with Retail on the street level and 2 apartments occupying the balance of the building. Located near the intersection of King and Cannon, 567 King St presents a unique opportunity to purchase NNN lease retail (Subway) and two condos just footsteps from some of the city's most popular shops, restaurants, stores and more. The retail tenant is Subway occupying apprx 1,480 SF as well as an apartment on the ground floor (570 SF with 1 BR and 1 BA) and a large apartment on the second floor (2,350 SF with 5 BR and 5 BA). The retail space is leased to Subway Corporate which subleases to a successful local franchisee with multiple locations. The apartments have been professionally decorated and are offered FULLY-FURNISHED. The building is zoned commercial (GB) and located within the Short-Term Rental Overlay and the Accommodations Overlay, which means you can legally operate Short-term (VRBO/Airbnb) or long-term rentals. Building Updates are extensive and include new electrical, new A/C units, wood floors, tile, fresh paint, new doors and trim, stainless appliances, and renovated bathrooms. The downstairs unit (570 sq. ft.) features a living room, contemporary kitchen and bedroom with noticeable upgrades. The upstairs unit (2,347 sq. ft.) has a living room, kitchen and dining room along with five bedrooms, five full baths and a laundry closet. One of the bedrooms has a private entrance from the porch along with a kitchenette. Brick detailing, stainless appliances, hardwood floors, tall ceilings, numerous windows, contemporary kitchen and updated bathrooms are some highlights of the space. In addition to being in the heart of the King Street commercial district, the units are within close proximity to MUSC, The College of Charleston, Charleston School of Law and more. This offering is co-Listed with Marcus and Millichap agent Harrison Creason. The property is also offered separately as a condo splitting the commercial and residential (MLS #20017248) which would be subject to the condomimium process and creation of the HPR.

Commercial

  • Price
  • $ 3,400,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Charleston
  • County
  • CHARLESTON
  • Style
  • Area
  • Charleston Inside Crosstown
  • MLS#
  • 30641395
  • Zip
  • 29403
Listing Provided by: The Cassina Group
Data Source: Charleston Trident

Features

General

Property Sub Type Free-Standing Building, Mixed Use, Restaurant, Street Retail
Property Type Retail-Commercial
Submarket 51 - Peninsula Chas. inside of crosstown

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the MOUNT PLEASANT, SC office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/15/2020 Listed $3,400,000

Property vs Zip Code Average in 29403

Price
AVG $3.36M
$3.4M
Visits
AVG 90
111
Walkscore
AVG 79
95
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

567 King St Charleston, SC is a Single Family Home for sale at $3400000 and a lot size of Acre(s). 567 King St Charleston has 0 bedrooms, 0 baths . The property's zip code is 29403 which is in Charleston, SC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.