645 E Bay St
- Built in 1880
- Zoned MU-1
- Prime Charleston location
- Historic charm
- Investment opportunity
- Potential for diverse use
- Highly desirable area
Property Description
Introducing a rare development opportunity in one of Charleston’s most dynamic downtown corridors. Positioned on East Bay Street with direct views of the Ravenel Bridge, this property offers the ability to construct three units across four stories, combining residential and commercial uses in a highly desirable, highvisibility location. The property is fully entitled, with permits ready to be issued for a first-floor office, a second-story condo, and a third-level and fourth-level two story penthouse with sweeping views of the harbor. Located in an Opportunity Zone, all approvals have been secured, allowing for immediate development 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.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,395,000 |
| Year Built: | 1880 |
| Lot Size: | 0.15 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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