This custom 3 1/2 story Innovative Contemporary Designed Office Building is breaking ground for new construction. Located on 3 parcels just off of Meeting Street and about 100 yards from highly recognized Half-Mile North Development and along the new future Low- Line Park. Providing a highly stylized and sensibly sized contemporary office building in the middle of Charleston’s Technology District where new office space is in high demand. This magnificent designed office is approx 6,900 +/- sq. ft., 3 1/2 story commercial office building is situated on 3 parcels with 9 off-street parking spaces in addition to ample on street parking. This fully permitted office building includes 3 stories of approximately 2,080 sq. ft. each plus an additional half story with approx. 700 sq. ft. penthouse level with a phenomenal roof top deck perfect for Business entertaining. The building is very adaptable and lends itself both to a single occupant entity that can utilize the full 6,900 sq. ft. or is readily separated for tenants on each individual floor if desired. This project has gone through extensive entitlement and approval phases, including reviews by SCDOT, City Board of Architectural Review, City Zoning, City Technical Review and ultimately a review of the construction drawings, all of which have been completed. This project is currently fully reviewed and ground breaking has begun. Building plans have been approved by the city inspectors and BAR staff. The parcels are all currently zoned Limited Business and fully entitled for commercial use. This site is UP-zoned , Limited Business through a series of public hearings and are all now consistent. 4 Maple Street is located in a federally designated Opportunity Zone, which allows for extraordinary tax benefits under certain circumstances if applicable. Watch your Dream Office be built in the next few months..Call listing agent Kristen Krause for more details.
Acres | 0.18 |
Area | Peninsula Charleston Outside of Crosstown |
City Name | Charleston |
County | Charleston |
State | SC |
Property Type | Office |
Postal Code | 29403 |
Square Feet | 6900 SF |
Date Modified | 2020-02-25T14:44:14 |
Property Status | Under Construction |
Status | Active |
Title | Custom Exquisite Office Building for Sale -Roof top- Opportunity Zone |
Zoning | LB |
Listed by: Coldwell Banker Comm/Atlantic Int''l | 843-744-9877
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.