46-A State Street, & 15 Lodge Alley, Charleston, SC 29401 (MLS# 23025354)

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46-A State Street, & 15 Lodge Alley, Charleston, SC 29401

$3,400,000
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 3,834 Status: Active
Current Price: $3,400,000 List Date: 11/06/2023 Last Modified: 11/16/2023

Description

This beautiful townhouse consists of 2 tax map parcels owned fee simple and sold as one. There is no regime fee. This early 19th-century State Street address was once home to the Old Vigilant Fire Insurance Company Headquarters. The building was extensively rehabilitated to a high standard in 2011 using federal and state Historic Rehabilitation Tax Credits. The property is currently used as a law office with an elegant 1 bedroom, 1 bath residence on the second floor. 46-A State is zoned Commercial and 15 Lodge Alley is zoned Residential. This 2-story building has tall ceilings, heart pine floors, a wide staircase, commercial sprinkler, security system, and a wonderful private courtyard. The elevator creates private access to the residence above.

Supplements: This building could have a variety of uses or configurations. The property is well suited to be your Charleston business address with a built-in residence above. Imagine a pied-a-terre to enjoy downtown and host guests or clients. Investment and progress are evident in the French Quarter, the property next door and a home across the street are completing full historic restorations. A boutique hotel and City House Charleston are anticipated on the corners of State and Cumberland. This will elegantly define the Cumberland Street end of the French Quarter. A Four Seasons is anticipated about 3 blocks away. The residential unit allows the owners 2 on-street city parking permits (parking permits could change if the residential use changes, therefore verify anything a buyer would deem relevant with the City of Charleston.) X flood zone, therefore no flood insurance required. Roof replaced in 2017. If square footage, zoning, easements, etc. are important to the buyer, buyer must verify any relevant information. Any buyer must honor the current lease in place through June 30, 2024. The tenant has the option to extend the lease for 6 months.

More Information MLS# 23025354

Contract Info

Sub-Type: Single Family Attached MLS List Date: 2023-11-06 Status: Active List Price: $3,400,000 Current Price: $3,400,000

Location, Tax & Legal

Tax Map #: 4580901141 Street #: 46-A Street Name: State Street Suffix: Street Unit #: & 15 Lodge Alley County: Charleston State: SC Zip Code: 29401 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: French Quarter Elementary School: Memminger Middle School: Simmons Pinckney High School: Burke Legal Description: TRACTS A2-C & A2-F Directions: On State Street between Queen and Cumberland Streets.

General Property Info

Bedrooms: 1 Baths - Full: 1 Baths - Half: 2 Baths - Total: 2 Stories: 2 Primary Structure Apx SqFt: 3834 Ownership: Fee Simple Year Built: 1817 Number of Units: 2 Other Structures Y/N: No Potential Short Sale: No C/R: No Lease Purchase: No HOA Fee: No Auction: No

Tax/Fees

Taxes: 10893

Office/Member Info

Buyers Agency Compensation: 3 Buyers Agency Compensation Type: %

Property Features

SqFt Source: Tax Records SF Attached Style: Townhouse Lot Description: 0 - .5 Acre Misc Exterior: Patio Stories/Levels: 2 Stories Misc Interior: Ceilings - 9'+; Elevator New Owned: Pre-Owned Cooling: Central Air FP Desc/Location: One; Gas Logs; Living Room Water/Sewer: Public Sewer; Public Water Possession: Tenants Rights Utility Suppliers: Charleston Water Service; Dominion Energy Proposed Financing: Cash; Conventional Loan Assumable: No
Listing Office: Carriage Properties LLC
Last Updated: November - 16 - 2023
46-A State Street, & 15 Lodge Alley, Charleston, SC 29401- MLS# 23025354
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

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