REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,499,000
Est. payment /mo
New
35 Broad ST Charleston, SC 29401
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 31009860
Year Built 1800
Property Sub-Type Retail
Property Description
Dating to circa 1792, 35 Broad Street presents a rare opportunity to acquire and redevelop a historically significant property in one of Downtown Charleston's most prominent commercial corridors. Ideally situated just South of Broad, this distinctive mixed-use building offers the potential to create more than 7,000 heated square feet of premier retail and residential space in an exceptional location.The current BAR and Zoning approved architectural plans envision approximately 2,355 square feet of ground-floor retail space complemented by 5,200 square feet of residential living space spanning three upper levels. The proposed design includes a private 3 stop elevator and expansive rooftop terrace, creating an exceptional opportunity for a luxury residential component above highly visible commercial space. Alternative redevelopment concepts include a single approximately 7,500-square-foot, four-story private residence or two luxury condominium residences totaling approximately 5,200 square feet above ground-floor retail. Currently the building consists of two ground floor retails suites and residential space on the second, third, and fourth floors. Rich in architectural character and historic significance, the existing structure features soaring ceilings exceeding 12 feet, original masonry construction, period mouldings and trim work, and historic hearths and mantles. Given the property's historic significance and prior use history, the redevelopment may also qualify for South Carolina State Abandoned Building Tax Credits and Federal Historic Rehabilitation Tax Credits, subject to applicable eligibility requirements and approvals.The surrounding Broad Street corridor has experienced a notable resurgence, attracting new primary residences, boutique retailers, and acclaimed restaurants, including Quarter French, Brasserie La Banque, and Sorelle. The property's exceptional location also places some of Charleston's most iconic destinations within easy walking distance, including The Battery, White Point Garden, Rainbow Row, the Historic Charleston City Market, and Exchange House. 35 Broad Street represents a truly exceptional opportunity to transform a piece of Charleston's architectural history into a premier mixed-use investment, luxury residential development, or extraordinary private residence in the heart of the Historic District.
Location
State SC
County Charleston
Zoning City of Charleston - LB - Limited Business
Exterior
Parking Features Other
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Matthew Anderson • The Boulevard Company
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH