$1,850,000
$1,975,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
518,886,720 SqFt
SOLD DATE : 05/01/2020
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 518,886,720 sqft
Price per Sqft $0
MLS Listing ID 30377196
Sold Date 05/01/20
Year Built 1941
Lot Size 11912.000 Acres
Acres 11912.0
Property Sub-Type Multi Family
Property Description
Proposed, fully entitled 9 unit condo./multi-family development with 4,500 square feet of ground floor office space in the Opportunity Zone. 554 Rutledge Ave., a former Humanities Center, is located in the heart of the Westside neighborhood just North of the Crosstown on the Rutledge Ave. Corridor. Approved plans feature 12,040 square feet of residential living space and approximately 4,500 of office space on 4 floors totaling 19,849 square feet. There are 9 off-street spaces on-site (1 per condo. unit). In addition to Opportunity Zone credits, the project may also qualify for the Abandoned Building Tax Credit. Site plan, permit set, construction budgeting information, and additional details available by request.
Location
State SC
County Charleston
Zoning City of Charleston - DR-1F - Diverse Residential (Front Yards Required)
Exterior
Garage Spaces 9.0
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Matt Anderson • The Boulevard Company, LLC