Charleston, SC 29403
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 19,849SqFt
- 1942Year Built
- 0.27Acres
- MLS# 19012570
- Multi Family
- Sold
- Approx Time on Market11 months, 27 days
- AreaHistoric Charleston - Upper Peninsula
- CountyCharleston
- SubdivisionWestside
Overview
Proposed, fully entitled 9 unit condo./multi-family development with 4,500 square feet of ground floor office space in the Opportunity Zone. 554 Rutledge Ave., a former Humanities Center, is located in the heart of the Westside neighborhood just North of the Crosstown on the Rutledge Ave. Corridor. Approved plans feature 12,040 square feet of residential living space and approximately 4,500 of office space on 4 floors totaling 19,849 square feet. There are 9 off-street spaces on-site (1 per condo. unit). In addition to Opportunity Zone credits, the project may also qualify for the Abandoned Building Tax Credit. Site plan, permit set, construction budgeting information, and additional details available by request.
Sale Info
Listing Date: 05-01-2019
Sold Date: 04-29-2020
Aprox Days on Market: 
11 month(s), 27 day(s)
Listing Sold: 
4 Year(s), 14 day(s) ago
Original Asking Price: $1,975,000
Asking Price: $1,975,000
Selling Price: $1,850,000
Price Difference From Original:
Reduced By $125,000
Price Difference From Asking:
Reduced By $125,000
Agriculture / Farm
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Association Fees / Info
Community Features: Bus Line
Bathroom Info
Building Info
Year Built: 1942
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.27
Lot Size Units: Acres
Acres: 0.27
Lot Sqft: 11761.2
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: B
Stories: 4
Foundation: Slab
Exterior: Brick
New Construction: No
Roof: See Remarks
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Condominium, More than 4
Room Info
Sale / Lease Info
Sold Date: 2020-04-29T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft Info
Sqft: 19849
Unit Info
Number of Units Total: 10
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: No
Water Sewer: Public Sewer
Cooling: No
Waterfront / Water
Waterfront: No
Directions
Take Rutledge Ave. South Towards The Crosstown. Property Is Located On Left-hand Side On The Corner Of Rutledge Ave. & Carolina St.Courtesy of listing office The Boulevard Company, LLC