101 Queen Street, Charleston, SC, 29401 | $1,300,000

This is a rare opportunity for an office or live/work ''fixer upper'' on coveted Queen Street close to the corner of King and Queen Streets on the Peninsula. Building is currently set -up with two front doors for a potential first floor unit and second floor unit. Building is zoned general business for commercial uses but residential is allowed. It could be a duplex with business on the first floor and living on the second floor or leasing either space out as residential or commercial. Current owner has purposefully not renovated and discounted the price to allow for the new owners' customization/renovation. This stand-alone building is between a City parking deck and the Queen Street exit for the Catholic Cathedral of St. John the Baptist. There are three private paved parking spacesin front of the building and a nice grassy yard in the rear that could easily be fenced in. Useable square footage of 942 sf per floor (see attached floorplan). Within walking distance to all the Historic District has to offer. Renovate and make this once a lifetime opportunity your home or your business, or both.

Features

  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Style: Contemporary, Live/Work
  • Development: 51 - Peninsula Charleston Inside of Crosstown
  • Year Built: 1985
  • Approx Sq. Feet: 1,884
  • Acreage: 0.07
  • Elem. School: Memminger
  • Middle School: Simmons Pinckney
  • High School: Burke
  • MLS#: 25007477
  • Days on Market: 28 days
  • Website: https://www.raveis.com
    /eprop/25007477/101queenstreet_charleston_sc?source=qrflyer
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Listing courtesy of Beach Commercial, A Division of The Beach Company

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101 Queen Street, Charleston, SC, 29401

$1,300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,040,000 $1,040,000 $1,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.813% 6.739% 6.581%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,403 $6,659 $8,988
Total Monthly Payment $6,528 $6,784 $9,113

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.