192 E Bay,Charleston, SC

192 E BayCharleston, SC

Two-story office suite located above S.N.O.B. in the heart of the Peninsula. This handsome third floor space offers historic character and charm with old line Charleston exposed brick, hardwood floors, and 2 outdoor balconies overlooking Faber Street and East Bay Street. The suite contains 4,277 RSF and consists of 7 private offices, large conference room, open work area, reception area, kitchen/break room, 3 bathrooms, and 2 balconies. There are stairs within the space to access the second level, which consists of a large open work area, breakroom/kitchen, and full bathroom with a shower. The building is elevator serviced with a secure entrance next to SNOB. The seller controls 7 parking spaces that can be transferred to buyer. Monthly Fees:Building Regime - $1,138.95Office Regime - $1,841.48Insurance - $542.51

Info

City NameCharleston
CountyCharleston
StateSC
Property TypeOffice
Postal Code29401
Square Feet4277 SF
Status Active
Parcel Number 4580902079
Title 192 East Bay Street
Year Build 1800
Zoning City of Charleston - GB - General Business
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Listed by: CBRE, Inc

Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.

TheUnderwriting

Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.