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Old Bay Marketplace; Cannon Building 917 Bay/211 Charles St 45,764 SF Retail Building Beaufort, SC 29902 $10,469,400 CAD ($228.77 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Redevelopment Opportunity For Two Adjoining Downtown Properties - Old Bay Marketplace & Cannon Building
  • Potential For 45,764 SF - Apartments & Street Retail
  • Directly Across Bay Street From The City Marina and Henry C. Chambers Waterfront Park
  • Beautiful Views Of The Beaufort River

EXECUTIVE SUMMARY

Two adjoining properties in The Heart of Downtown Beaufort that have frontage on Bay Street, Charles Street, and Port Republic Street. The Cannon Building located at 211 Charles Street will be demolished and is fully permitted for a 27,500 SF three story property with 19 Two - Bedroom apartments and 2,500 SF of street retail. The Old Bay Building is a two story 18,264 SF property with frontage on Bay Street and Port Republic Street - the 1st floor has 10,843 SF of retail and restaurant space (fully leased) and the second floor has 7,421 SF of event and office space and a 3,000 SF exterior deck area. This building could be redeveloped with retail/restaurant space on the first floor, apartments on the second floor, and integrated with the adjoining Cannon Building to develop a Class A residential or hospitality property with a retail/restaurant component.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
45,764 SF
Building Class
B
Year Built
1948
Price
$10,469,400 CAD
Price Per SF
$228.77 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.84
Lot Size
0.57 AC
Zoning
6611 - 6611

AMENITIES

  • Bus Line
  • Signage

NEARBY MAJOR RETAILERS

Truist
First Citizens Bank
SouthState Bank
Crossfit
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R120-004-000-0911-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$120,276 CAD
  • Listing ID: 36076908

  • Date on Market: 2025-06-02

  • Last Updated:

  • Address: 917 Bay/211 Charles St, Beaufort, SC 29902

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