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MULTI-FAMILY 289-291 King St 11 Unit Apartment Building $6,979,600 CAD ($634,509 CAD/Unit) Charleston, SC 29401

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INVESTMENT HIGHLIGHTS

  • Historic Building, 99 Walk Score
  • Potential to add +1,800 SF and 4 Bedrooms and the Potential Increase Rents
  • College of Charleston Population os roughly 12,000 and Medical University of South Carolina is roughly 4,000

EXECUTIVE SUMMARY

Lee & Associates and The Exchange Co are proud to present 289-291 King Street, an iconic 11-Unit Apartment Building in the heart of downtown Charleston. Steps from the College of Charleston and MUSC, this well-located property offers a rare chance to own multifamily along Charleston's premier retail and hospitality corridor. Offering a mix of lofts, one-bedroom, and two-bedroom units, and surrounded by world-class dining, shopping, and culture, this is a trophy asset in one of the Southeast's most sought-after markets. Situated at the intersection of King Street and Society Street, the apartments are part of a larger master regime that also includes ground floor retail (currently leased to Sephora, and not included in this offering.)

PROPERTY FACTS

Price $6,979,600 CAD
Price Per Unit $634,509 CAD
Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class B
Lot Size 0.17 AC
Building Size 11,076 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2017
Parking Ratio 4.51/1,000 SF
Zoning General Business

AMENITIES

UNIT AMENITIES

  • Air Conditioning

SITE AMENITIES

  • Laundry Facilities
  • Tenant Controlled HVAC
Walk Score®
Walker's Paradise (99)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37883569

  • Date on Market: 2025-09-30

  • Last Updated:

  • Address: 289-291 King St, Charleston, SC 29401

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