Property Description: Approximately half an acre for sale on Meeting Street in the “Half-Mile North” area. This site is in walking distance to Home Team BBQ, Edmund’s Oast, Butcher and Bee, Blue Acorn and other Upper Peninsula developments. Great visibility from I-26 and easy access to I-26, downtown Charleston and Mount Pleasant. The sale includes 3 parcels (737, 739, and 741 Meeting Street). There is currently about 7,000 SF of office/warehouse space on the property as well. Plenty of off street parking. Directions: From downtown, head west on Meeting Street toward the “Half-Mile North” area. Property will be located on your left at the intersection of Williman Street and Meeting Street. From I-26 going east bound, take Exit 219-B (Morrison Drive/East Bay). Turn left at the foot of the exit ramp, then take your second left onto Meeting Street. Property will be located on your right.
| Acres | 0.45 |
| Area | Peninsula Charleston Outside of Crosstown |
| City Name | Charleston |
| County | Charleston |
| State | SC |
| Property Type | Office |
| Postal Code | 29403 |
| Square Feet | 7000 SF |
| Date Modified | 2018-02-08T11:55:01 |
| Property Status | Existing |
| Status | Pending/Contingent |
| Title | 741 Meeting Street |
| Zoning | LB |
Listed by: Lee & Associates - Charleston | 843-747-1200
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.
