190 Coming Street

Charleston, SC 29403

$1,250,000

MLS# 204072278

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Property Details

Property Type

RES

Neighborhood

Cannonborough-Elliotborough

Bedrooms

Bathrooms

0.5

Square Feet

400

Year Built

1814

Investment Potential

Est. Monthly Rental

$6,250

Cap Rate

3.3%

Appreciation Rate

3.5%

Description

Development Opportunity! There is an opportunity to build two UNITS/BUILDINGS on this property. 2000 square foot of total ground coverage and up to three stories tall. Located in the SC Opportunity Zone. Has a special use commercial barber shop on the front of the propertyRare opportunity to build multiple units in downtown Charleston on a large lot! This property boasts .11 acres. This property falls within the zoning of Diverse Residential DR-2F. Embracing its placement in multiple districts such as the SC Opportunity Zone, Old City District, Old City Height District, and the Amusement and Recreation DistrictWhile preservation ordinances safeguard the barbershop from demolition, expansion remains a possibility.