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645 E Bay St

Charleston SC 29403

4791.6 sq. ft.
Land
Currently for sale - view listing

Overview

Introducing a rare development opportunity in oneof Charleston's most dynamic downtowncorridors. Positioned on East Bay Street withdirect views of the Ravenel Bridge, this propertyoffers the ability to construct three units acrossfour stories, combining residential andcommercial uses in a highly desirable, highvisibilitylocation.The property is fully entitled, with permits ready tobe issued for a first-floor office, a second-storycondo, and a third-level and fourth-level two storypenthouse with sweeping views of the harbor.Located in an Opportunity Zone, all approvals havebeen secured, allowing for immediatedevelopment with no extended wait time.The site encompasses approximately 0.11 acres, with approximately 4,791 SF of allowable ground coverage and up to three stories of vertical construction (per applicable zoning and planning guidelines). This is one of the few remaining opportunities to develop multiple units in downtown Charleston with this level of frontage, accessibility, and view corridor.

Features

4791.6 sq. ft. lot size
Land

Property history for 645 E Bay St

2024
Sold
$600,000
16 Aug 2024 by Owen Meislin, of Owen G Meislin Real Estate

Happy sellers in Charleston

68%
68% of sellers in Charleston reported that their sale price either exceeded or met their price expectations.

Charleston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Charleston over the last 12 months.

Local market activity for land plots in Charleston

In the last 12 months, 8 land plots similar to 645 E Bay St, have been sold.

This represents a 12% increase in land plots sales when compared to the previous 12 months.

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