Current Price:$4,000,000List Date:1/24/2024Last Modified:1/24/2024
Description
198 E. Bay is located in the heart of the Downtown Historic District next door to the Customs House. Just steps away from fine dining and first class accommodations, this elite location provides one-of-a- kind environment. Class A office space currently making up the 2nd and 3rd floors of the building, offer themselves as a possible conversion to residential. The second and third floors make up approximately 71% of the POA. The property can be purchased in total or can be split between floors. Total purchase price for both floors is $4,000,000 or $2,100,000 per floor.
Supplements: The property is currently owner occupied on the second floor and the rear portion of the 3rd floor. The front portion of the 3rd floor is leased until June of 2025. The owner is open to a potential lease-back. Certain furniture and electronics can be purchased outside of the sale of real estate. Parking passes are available for transfer/purchase in the Cumberland Parking Garage and surrounding surface lots. 198 East Bay St. has been immaculately built out, featuring reuse and renovation of original wood floors, beams, ceilings, columns and re-pointed brick work. Historic renovation meets modern finishes with fully enclosed glass offices and conference room. The second floor features a beautiful kitchen build out with huge island. Ideal for team meetings and hosting events. The third floor provides spacious private offices, expose wood ceilings and modern kitchen/break area. The floors are provided access by an elevator and two interior stair cases. The property also lends itself to be potentially converted and redeveloped for residential use.
More Information MLS# 24001908
Contract Info
Sub-Type: Single Family AttachedMLS List Date: 2024-01-24Status: ActiveList Price: $4,000,000Current Price: $4,000,000
Location, Tax & Legal
Tax Map #: 4850504019,020,021Street #: 198Street Name: BayStreet Suffix: StreetUnit #: 200, 201, 300County: CharlestonState: SCZip Code: 29401Area: 51 - Peninsula Charleston Inside of CrosstownTax District: 72 - City of CharlestonSubdivision: NoneElementary School: MemmingerMiddle School: C E WilliamsHigh School: BurkeLegal Description: 198 EAST BAY Description -SUITE 200 % OWNERSHIP OF COM ELEM .2
240% Site Name -SUITE 200
PlatSuffix F127-65 PolTwp 002
198 EAST BAY Description -SUITE 201 % OWNERSHIP OF COM ELEM .1
221% Site Name -SUITE 201
PlatSuffix F127-65 PolTwp 002
198 EAST BAY Description -SUITE 300 % OWNERSHIP OF COM ELEM .3
665% Site Name -SUITE 300
PlatSuffix F127-65 PolTwp 002Directions: Intersection of Cumberland and East Bay
Listing Office: Roadstead Real Estate Advisors, LLC
Last Updated: January - 24 - 2024
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