$1,975,000 | N/A beds | N/A full baths | N/A half baths | 19,849 sqft

$1,850,000
554 Rutledge Avenue
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), 6 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

Schools

Elem:  James Simons

Middle:  Simmons Pinckney

High:  Burke

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 

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On kennedyrealty.com since Wed, May 1st 2019
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 05-05-2024 8:28 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 05-05-2024 8:28 AM EST est.

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