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Queen Portfolio 2 Properties Offered at $13,596,224 CAD in Charleston, SC
INVESTMENT HIGHLIGHTS
- 15 residential units & 1 commercial unit
- 16 Off street parking spaces
- Prime location near Waterfront Park
- 22 beds/22 baths
- Full basements with poured concrete floors
- Condo Conversion in progress
EXECUTIVE SUMMARY
Nestled in the heart of Charleston's Historic District, this remarkable property offers a rare opportunity to own a piece of the city's rich history with 15 residential units (22 beds/22 baths), & 1 commercial unit. The offering consists of (9) 1/1 units, (5) 2/2 units, (1) 3/3 unit & 1 commercial unit. Comprised of 2 historically significant buildings from circa 1799 & 1890, this versatile property includes related outbuildings & 16 off-street parking spaces. With a prime location close to the Mills House Hotel & Waterfront Park, this property boasts picturesque views & unparalleled convenience. The main house at 46 Queen includes (7) updated 1/1 units spanning 4 floors. Charming details such as wide piazzas and exposed brick walls add warmth and character to the space. 48 Queen encompasses the related outbuildings (former kitchen house, stable house, and carriage house) to include (2) 2 bed/2 bath units and (2) 1 bed/1 bath units. 50 Queen features a retail space as well as four residential units, (3) 2 bed/2 bath units, and (1) 3 bed/3 bath unit. 50 Queen also offers updated units with exposed wooden beams and brick details. All buildings have fire sprinklers and both main buildings have high elevations and full basements with poured concrete floors. This historic gem offers endless possibilities for investors or those looking to create a unique residential or commercial space. The combination of its prime location, architectural beauty, and potential for various uses makes it a standout property in Charleston's vibrant real estate market. Building is in the process of a condo conversion, to be completed by the end of the 2025, offering the opportunity to keep as a cash flowing property or sell off units individually for highest & best return!
PROPERTY FACTS
| Price | $13,596,224 CAD | Number of Properties | 2 |
| Price / SF | $705.75 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 19,265 SF |
| Status | Active | Total Land Area | 0.30 AC |
| Price | $13,596,224 CAD |
| Price / SF | $705.75 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 19,265 SF |
| Total Land Area | 0.30 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 46 Queen St, Charleston, SC 29401 | Multifamily | 13,334 SF | 1790 | - |
| 50 Queen St, Charleston, SC 29401 | Retail | 5,931 SF | 1800 | - |
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