Amazing investment opportunity!! Currently a medical office that also has great future development potential. In the heart of Downtown on Calhoun St adjacent to all of the medical facilities and The College of Charleston. This property offers off street parking as well. Possible future student housing options. Excellent Visibility!! Strong Demographics in 5-Mile Trade Area, High Barriers to Entry Submarket.Tons of potential and ready for its next owner. See property flyer for additional information!!
| City Name | Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29401 |
| Square Feet | 2019 SF |
| Landsize Units | 0.2700Acre |
| Status | Active |
| Parcel Number | 4601603098 |
| Title | 224 Calhoun St |
| Year Build | 1978 |
| Zoning | City of Charleston - CT - Commercial Transitional |
Listed by: The Boulevard Company, LLC
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
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.
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.
