95 Line Street, Charleston, SC 29403

$7,000,000
Property Type: MultiFamily Square Footage: 4,929 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $7,000,000 List Date: 2/01/2024 Last Modified: 8/22/2024

Description

This mix of in-service STR units and prospective development allows for the creation of a comprehensive infill project comprising five potential buildings, situated across consecutive street frontages (95,97,99 Line), and offering a harmonious blend of residential and commercial spaces. The noteworthy 95 Line Street emerges as the centerpiece as it is 100% completed and strategically occupying the prominent corner of Line and Coming Street. The 95 Line Street structure, a commendable feat of design, proudly boasts its commercial zoning and serves as a captivating mixed-use edifice. Rooted in its historical context, the structure showcases a meticulous restoration that faithfully pays homage to the original Germanic storefront, dating back the year 1867.

Supplements: Within 95 you will find a well-crafted four-unit historic establishment, a splendid juxtaposition of past charm and contemporary functionality is harmoniously realized. At present, three of these units serve as licensed short-term rental accommodations, duly operational and readily serving it's discerning clientele. The fourth unit, a versatile mercantile space, adds an appealing layer of commercial vibrancy to the development. Eminently enhancing the allure of these units, each space bears the signature touch of refinement and elegance, by the gifted minds of interior designers Sarah Glenn Boman and Rebeccah Rumph, of Studio Maman Interiors. Their expertise and ingenuity have thoughtfully enlivened these spaces, creating a captivating ambiance that seamlessly blends form and function. *See attached photos and description courtesy of the management team at Stay Duvet. In summary, this potential five-building infill development, and the established incomes from the STR units of 95 Line Street, have elevate this project to a realm of sophistication and distinction, that promotes a current hospitality and commercial environment ripe for a discerning eye to further expand. *see attached documentation.

More Information MLS# 23017239

Contract Info

MLS List Date: 2023-07-25 Status: Active List Price: $7,000,000 Current Price: $7,000,000

Location Tax Legal

Tax Map #: 4600801049 Street #: 95 Street Name: Line Street Suffix: Street County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: Cannonborough-Elliotborough Elementary School: Memminger Middle School: Simmons Pinckney High School: Burke Directions: From King St. turn west on Line St. 2 blocks to the corner of LineSt. and Coming St. Property in on the left.

General Property Info

Number of Units: 4 # Stories: 3 Ground Level: Yes Primary Structure Apx SqFt: 4929 Year Built: 1867 Acreage: 0.23 Lease Purchase: No Potential Short Sale: No Other Structures Y/N: Yes

Unit 1

SqFt: 1014 Bedrooms: 3 Baths: 3

Unit 2

SqFt: 1671 Bedrooms: 4 Baths: 4

Unit 3

SqFt: 1302 Bedrooms: 4 Baths: 4

Unit 4

SqFt: 671 Bedrooms: 2 Baths: 1

Other Structure

Other Structure Type: Other

Property Features

SqFt Source: Appraisal; Builder/Owner; Tax Records Roof: Architectural; Metal Exterior: Brick - Solid; Wood Siding Foundation: Crawl Space Driveway: Gravel; Other (Use Remarks) Architectural Style: Other Zoning: Conforming Cooling: Central Air Heat: Heat Pump Amenities: Cable TV; Exercise Area; Park; Trash Sale Includes: All Furniture; Building and Land; Other (Use Remarks) Proposed Financing: Cash; Conventional Loan Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: United Real Estate Charleston
Last Updated: August - 22 - 2024
95 Line Street, Charleston, SC 29403- MLS# 23017239
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