645 Bay Street, Charleston, SC 29403 (MLS# 25030193)


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645 Bay Street, Charleston, SC 29403

$1,495,000
Property Type: Vacant Land Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $1,495,000 List Date: 11/12/2025 Last Modified: 11/22/2025

Description

Mixed-Use Development Opportunity in Downtown Charleston. Introducing a rare development opportunity in one of Charleston's most dynamic downtown corridors. This offering provides a shovel-ready path forward for investors, owner-users, or residential developers seeking a high-quality boutique mixed-use asset in a premier Charleston location. Positioned on East Bay Street with direct views toward the Ravenel Bridge, this property offers the ability to construct three units across three stories, combining residential and commercial in a highly desirable, high-visibility location. Situated within the SC Opportunity Zone and falling under MU-1/WH zoning, the site supports flexible mixed-use development.

Supplements: The property is further guided by special district overlays including the Old City District, Old City Height District, and the Amusement and Recreation District, reinforcing long-term value potential. The site encompasses approximately 0.11 acres with approximately 5394 total building SF, 4,791SF of ground coverage lot size, allowable and up to three stories of vertical construction (per applicable zoning and planning guidelines). This is one of the few remaining opportunities to develop multiple units in the downtown Charleston core with this level of frontage, accessibility, and view corridor. Location Highlights *One block from the Cigar Factory redevelopment *Immediate proximity to the Union Pier redevelopment transformation corridor *Excellent visibility and access along East Bay Street *Harbor and Ravenel Bridge view corridors from upper levels *Walkable to local dining, retail, and waterfront amenities Proposed Program (Full Construction Set Conveys): *First Floor: ±1,093 SF commercial office suite *Second Floor: ±1,588 SF condo residence with harbor views *Third Floor / Fourth Level: ±2,713 SF two-story, 3BR / 2.5BA condo with harbor views and a private rooftop deck Parking: * Two (2) dedicated parking spaces for the office user *Two (2) dedicated parking spaces for the residential units (detached garage) *Total: Four (4) private parking spaces Total Proposed Building Area: ±5,394 SF The conveyance of a completed architectural and construction plan set materially reduces both design timeline and development risk, positioning the next owner to move efficiently into permitting and execution.

More Information MLS# 25030193

Location, Tax & Legal

Legal Description: SUBDIVISION NAME - 645 EAST BAY ST; DESCRIPTION - LT D Tax Map #: 4590604021 Street #: 645 Street Name: Bay Street Suffix: Street County: Charleston State: SC Zip Code: 29403 Area: 51 - Peninsula Charleston Inside of Crosstown Tax District: 71 - City of Charleston Subdivision: Eastside Elementary School: Sanders Clyde Middle School: Simmons Pinckney High School: Burke Directions: West side of East Bay St between Amherst and Columbus St

General Property Info

Lot Size: 38x164 Potential Short Sale: No Acreage: 0.11

Office/Member Info

Seller Concessions Negotiable Y/N: Yes

Lot Description

Level: 1

Dev Status

Raw Land: 1 Rough Grade: 1 Site Planned: 1

Zoning

Commercial: 1 Multi-Family: 1 Residential: 1 Other: 1

Uses

Commercial: 1 Multi-Family: 1 Residential: 1

Road Frontage

City Street: 1

Documents Available

Aerial Photo: 1 Plat: 1 Other (Use Remarks): 1

Existing Utilities

Gas: 1 Sewer At Site: 1 Water: 1

Miscellaneous

Other (Use Remarks): 1

Assumable

No: 1

Proposed Financing

Any: 1 Cash: 1

Showing Instructions

Contact Listing Agent: 1

Contract Info

MLS List Date: 2025-11-12 Status: Active List Price: $1,495,000 Current Price: $1,495,000

Property Features

Lot Description: Level Dev Status: Raw Land; Rough Grade; Site Planned Zoning: Commercial; Multi-Family; Residential; Other Uses: Commercial; Multi-Family; Residential Road Frontage: City Street Documents Available: Aerial Photo; Plat; Other (Use Remarks) Existing Utilities: Gas; Sewer At Site; Water Miscellaneous: Other (Use Remarks) Assumable: No Proposed Financing: Any; Cash Showing Instructions: Contact Listing Agent
Listing Office: Coldwell Banker Comm/Atlantic Int'l
IDX
Last Updated: November - 22 - 2025
Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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