This grand mixed use building on Broad was constructed circa 1740 and once served as the studio space for famed sculptor Clark Mills. Multiple renovations and modifications have not taken away from the old world charm that make this building a quintessential Charleston live-work space. At the street level and second floor there is a chic office layout that has been used by an advertising agency. Excellent potential for street level retail or gallery use. The third and fourth floors house a comfortable and charming residential unit with four bedrooms and two full baths. Enjoy rooftop views of the city from the spacious upper deck! Beautiful old wood floors, exposed brick walls, and numerous other details make this unique property a wonderful place to live and operate a business. Offered turn-key fully furnished with all FF&E except computers. High ground located in X zone.
Area | Peninsula Charleston Inside of Crosstown |
City Name | Charleston |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29401 |
Date Modified | 2022-12-08T14:18:44 |
Property Status | Existing |
Status | Pending/Contingent |
Title | Historic Broad St. Mixed Use Building |
Zoning | LB |
Listed by: Handsome Properties, Inc. | 843-727-6460
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.