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645 E Bay St
Charleston, SC 29403
Land For Sale · 0.11 AC

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INVESTMENT HIGHLIGHTS

  • Prime East Bay Street location with direct Ravenel Bridge views.
  • Shovel-ready with full architectural and construction plans included.
  • Walkable to dining, retail, and waterfront amenities in downtown Charleston.
  • Situated in an SC Opportunity Zone with multiple special district overlays.
  • Proposed design includes commercial space and two luxury residential units.
  • Includes four dedicated parking spaces, two in a detached garage.

EXECUTIVE SUMMARY

This is a rare opportunity to acquire a shovel-ready mixed-use development site in the heart of Charleston’s dynamic East Bay Street corridor. Positioned within the SC Opportunity Zone, this ±0.11-acre parcel offers exceptional visibility and direct views of the iconic Ravenel Bridge. The property is zoned MU-1/WH Commercial and DR-2F, allowing for flexible mixed-use development across three stories, blending residential and commercial uses in a highly desirable location.
The site benefits from multiple special district overlays, including the Old City District and Old City Height District, reinforcing its historic character and long-term value potential. A full architectural and construction plan set conveys with the sale, significantly reducing design and permitting timelines. The proposed program includes a ±1,093 SF ground-floor commercial suite, a ±1,588 SF second-floor condo, and a ±2,713 SF two-story condo with a private rooftop deck, totaling ±5,394 SF. Four dedicated parking spaces, including two in a detached garage, are also included.
Located one block from the Cigar Factory redevelopment and near the Union Pier transformation corridor, the property offers walkable access to dining, retail, and waterfront amenities. This is one of the few remaining opportunities to develop a boutique mixed-use asset in Charleston’s historic core with unmatched frontage, accessibility, and harbor views.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Storefront, Retail or Residential
Total Lot Size 0.11 AC
Zoning MU-1/WH

1 LOT AVAILABLE

Lot

Price $2,058,450 CAD
Price Per AC $18,713,186.06 CAD
Lot Size 0.11 AC

DESCRIPTION

Mixed-Use Development Opportunity in Downtown Charleston. Introducing a rare development opportunity in one of Charleston's most dynamic downtown corridors. This offering provides a shovel-ready path forward for investors, owner-users, or residential developers seeking a high-quality boutique mixed-use asset in a premier Charleston location. Positioned on East Bay Street with direct views toward the Ravenel Bridge, this property offers the ability to construct three units across three stories, combining residential and commercial in a highly desirable, high-visibility location. Situated within the SC Opportunity Zone and falling under MU-1/WH zoning, the site supports flexible mixed-use development. The property is further guided by special district overlays including the Old City District, Old City Height District, and the Amusement and Recreation District, reinforcing long-term value potential. The site encompasses approximately 0.11 acres with approximately 5394 total building SF, 4,791SF of ground coverage lot size, allowable and up to three stories of vertical construction (per applicable zoning and planning guidelines). This is one of the few remaining opportunities to develop multiple units in the downtown Charleston core with this level of frontage, accessibility, and view corridor. Location Highlights *One block from the Cigar Factory redevelopment *Immediate proximity to the Union Pier redevelopment transformation corridor *Excellent visibility and access along East Bay Street *Harbor and Ravenel Bridge view corridors from upper levels *Walkable to local dining, retail, and waterfront amenities Proposed Program (Full Construction Set Conveys): *First Floor: ±1,093 SF commercial office suite *Second Floor: ±1,588 SF condo residence with harbor views *Third Floor / Fourth Level: ±2,713 SF two-story, 3BR / 2.5BA condo with harbor views and a private rooftop deck Parking: *Two (2) dedicated parking spaces for the office user *Two (2) dedicated parking spaces for the residential units (detached garage) *Total: Four (4) private parking spaces Total Proposed Building Area: ±5,394 SF The conveyance of a completed architectural and construction plan set materially reduces both design timeline and development risk, positioning the next owner to move efficiently into permitting and execution. Call for more details.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
459-06-04-021
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$33,760 CAD
  • Listing ID: 38486714

  • Date on Market: 2025-11-18

  • Last Updated:

  • Address: 645 E Bay St, Charleston, SC 29403

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