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32 N Market St

11,875 SF 100% Leased Retail Building Charleston, SC 29401 £12,127,975 (£1,021/SF)

Executive Summary

This iconic property has never been on the open market for sale and owned by the same family since the 1970s. This property is located across East Bay Street from the highly anticipated Union Pier project. It is also adjacent to the new Marriott 50-room timeshare project.

Located at the prominent corner of East Bay and North Market Streets, this historic building was originally built as The Church of the Redeemer Chapel and The Harriott Pinckney Home for Seaman on land donated from Ms. Pinckney. After deconsecration in the 1960's, the church building opened as a restaurant and has been one ever since.

This is a one of a kind property with long-term leases in place. Tenants include Church and Union, Tempest, Savannah's Candy Kitchen, and a carriage tour company. Financials are available upon request on receipt of a signed NDA.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,875 SF
Building Class
A
Year Built/Renovated
1916/2000
Price
£12,127,975
Price Per SF
£1,021
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.85
Lot Size
0.32 AC
Zoning
GB - General Business - General business
Frontage
104 ft on Bay St St

Amenities

  • Signage
Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The Tavern
South State Bank
First Citizens Bank
Synovus Financial Corp.
Regions Bank
Truist
Another Broken Egg Cafe
Chase Bank
Pure Barre
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
458-05-03-040
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£262,309
  • Listing ID: 31694335

  • Date on Market: 03/05/2024

  • Last Updated:

  • Address: 32 N Market St, Charleston, SC 29401

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