The Josiah Smith Tennent House stands out as a landmark and is a focal point on the gateway to the city of Charleston. Constructed in 1859, this brick mansion is significant for both its architecture and history. Today, this vast mansion with over 10,000 SF of interior space features two wide wrap-around piazzas, giant wrought iron gates, multiple living and dining areas, 8 bedrooms, 4 full bathrooms, 3 half bathrooms, two kitchens – one with a large marble topped island, a small indoor basketball court, sauna, cinema room, and commercial elevator. This property currently has a zoning classification of Light Industrial (LI) and is subject to several overlay districts. This zoning allows this property to have a variety of uses from residential, office, or other. The location, versatility, and size of the property are unique and represent a special opportunity for the next owner.
| Area | Peninsula Charleston Inside of Crosstown |
| City Name | Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29403 |
| Date Modified | 2022-11-20T06:48:46 |
| Property Status | Existing |
| Status | Active |
| Title | The Josiah Smith Tennent House |
Listed by: NAI Charleston, LLC | 843-720-4944
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.
