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INVESTMENT HIGHLIGHTS
- Central Business District
- Two Separate Lobbies
- Modern Amenities
- Corner Location
- Three Elevators
- Ready for Immediate Occupancy
EXECUTIVE SUMMARY
This property is located at the southeast corner of Capitol Street and Lee Way in the heart of downtown Charleston, within walking distance to numerous restaurants, professional offices, County and Federal Courthouses. The location is in a designated Opportunity Zone and the Downtown Historic District. It is zoned CBD, Central Business District. The improvement is a 6-story, multi-tenant commercial office building with full basement that was constructed circa 1908 with significant renovations around 2001 and additional upgrades in 2022 to accommodate a tenant. The University of Charleston operates their Innovation Hub on the first floor with classrooms on the second floor and the upper floors are designed for general office space. The building offers all modern amenities, three elevators and two separate lobbies on a commanding corner location. The building is ready for immediate occupancy.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
38,640 SF
Building Class
C
Year Built/Renovated
1908/2001
Price
$2,233,472 CAD
Price Per SF
$57.80 CAD
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
3,510 SF
Building FAR
6.44
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District; Opportunity Zone; Downtown Historic District
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Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 20-11- 8-0079.0000 | Improvements Assessment | $1,823,428 CAD |
| Land Assessment | $122,509 CAD | Total Assessment | $1,945,938 CAD |
PROPERTY TAXES
Parcel Number
20-11- 8-0079.0000
Land Assessment
$122,509 CAD
Improvements Assessment
$1,823,428 CAD
Total Assessment
$1,945,938 CAD
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240 Capitol St
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