409 King,Charleston, SC

409 KingCharleston, SC

Lease documents, rent roll, historical financials, ALTA survey and other materials may be accessed by signing the confidentiality agreement in the documents section. Two buildings located in Charleston's popular and continuously growing area known as ''''Upper King Street'''', filled with restaurants, local and national retailers, luxury hotels, apartments, and office buildings. Without question the most established Opportunity Zone in the area.4 Vanderhorst (known to locals as Kudu Coffee & Craft Beer) and 409 King Street are two well known buildings to many of Charleston''s residents and visitors alike. 409 King Street building sits across the street from Hotel Bennett, which is located on King Street and Marion Square (park). An award winning luxury hotel featuring a number of bar and restaurant options as well as event and meeting space. Marion Square is one of the busiest parks in the downtown area and hosts a number of festivals and events annually. Just across Marion Square from King Street is the Dewberry Hotel, another award winning luxury hotel with restaurants, bars, and event space. Over the past 10 years, upper King Street has seen a dramatic transformation and has become one of the epicenters of downtown Charleston dining, nightlife, lodging, and shopping.4 Vanderhorst Street and the office space in 409 King Street are modified gross leases, however, the lease at 4 Vanderhorst will convert in August 2023 to a NNN lease structure. The two retail suites in 409 King are NNN leases.409 King Street Building History: Lucretia Radcliffe, developer of her husband''s estate as the new Charleston suburb of Radcliffborough (now a Charleston popular downtown Charleston neighborhood), built the stuccoed brick building in 1808, conveying it eight years later to Samuel Maverick. Serving for a time as the Reverend Ferninand Jacob''s Seminary for Girls, the site became an apothecary hall for George Washington Aimar in 1852. Securing title in 1871, Aimar built his thriving drugstore business in the building until its doors were closed in 1978. In the 1983/84 rehab/renovation, the majority of the rear piazzas were enclosed in glass and the ground floor and part of the additional stories were altered. A stair tower and elevator shaft were added on the north wall.All information contained in this listing information on the CTAR MLS system has been secured from sources Colony Commercial, LLC believes to be reliable, but Colony Commercial, LLC makes no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, lease terms, or building age are approximate. Buyer must verify all information and bears all risk for any inaccuracies. A principal in Colony Commercial, LLC holds an ownership interest in the property.


City NameCharleston
Property TypeOffice
Postal Code29403
Square Feet15861 SF
Landsize Units0.1800Acre
Status Active
Parcel Number 4601602019
Title 409 King Street
Year Build 1808
Zoning City of Charleston - GB - General Business
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Listed by: Colony Commercial LLC

Our ProcessStep By Step


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.