12 State St,Charleston, SC

12 State StCharleston, SC

Believed to be the only Regency style building in Charleston, this elegant three-story masonry property is centrally located in the French Quarter and is zoned Limited Business. The first floor is a separately metered commercial space with storefront exposure on State Street and is currently used as an art gallery. A charming walkway leads to the private walled garden in the rear of the property. Access the residence on the second and third floors via the elevator or a modern staircase. Inside, the home has been beautifully renovated, maintaining the charm and character of the old along with high-end kitchen and baths and a touch of contemporary. A large open living area boasts ample light, beautiful wood floors and a gourmet kitchen with some exposed brick. The interior stairway was partially handcrafted from a beautiful old beam, removed when the second floor was opened up. On the top level, the master suite has a charming view of the cobblestone street below and church steeples along the skyline. The master bath includes a large walk-in shower and very high end finishes, and the master closet has abundant storage with a special design. There is ample storage throughout the home. A spacious outdoor terrace on this level offers an opportunity to look out over the garden. The guest suite is light filled with wonderful views and a private bath. Throughout the home you will find lovely original woodwork, wood floors, and exposed brick. The beautifully appointed elevator services all floors from the ground level to the top floor and deck. Great potential for someone looking for a live/work space or an income producing property.

Info

AreaPeninsula Charleston Inside of Crosstown
City NameCharleston
CountyCharleston
StateSC
Property TypeOffice
Postal Code29401
Square Feet2618 SF
Date Modified 2017-12-28T12:59:58
Property StatusExisting
Status Active
Title Live/Work Space in French Quarter Zoned Limited Business
Zoning LB
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Listed by: Handsome Properties, Inc. | 843-727-6460

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.