49 Broad,Charleston, SC

49 BroadCharleston, SC

Fully leased, circa 1741, masonry gem in the heart of the Historic District, on one of Charleston's most iconic corners. Be a part of the new energy recently created on this high-traffic, but charming location. Galleries, incredible new restaurants, and more all bordering the most exclusive residential neighborhood in the southeast. Currently 4 units leased (100 ). Ground floor retail, 2 office tenants on 2nd level, 3rd level residential (2BD/2BA). Elevator, no conservation easements have been taken, solid masonry.Suite 101 - RetailSuite 201 - OfficeSuite 201 (Annex) - OfficeThird Floor - Residential

Info

City NameCharleston
CountyCharleston
StateSC
Property TypeOffice
Postal Code29401
Square Feet6856 SF
Status Active
Parcel Number 4580903054
Title 49 Broad Street, 109 Church Street
Year Build 1800
Zoning City of Charleston - LB - Limited Business
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Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

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.

TheUnderwriting

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.