198 E. Bay is located in the heart of the Downtown Historic District next door to the Customs House. Just steps away from fine dining and first class accommodations, this elite location provides one-of-a- kind environment. Class A office space currently making up the 2nd and 3rd floors of the building, offer themselves as a possible conversion to residential. The second and third floors make up approximately 71% of the POA. The property can be purchased in total or can be split between floors. Total purchase price for both floors is $4,000,000 or $2,100,000 per floor.The property is currently owner occupied on the second floor and the rear portion of the 3rd floor. The front portion of the 3rd floor is leased until June of 2025. The owner is open to a potential lease-back. Certain furniture and electronics can be purchased outside of the sale of real estate. Parking passes are available for transfer/purchase in the Cumberland Parking Garage and surrounding surface lots. 198 East Bay St. has been immaculately built out, featuring reuse and renovation of original wood floors, beams, ceilings, columns and re-pointed brick work. Historic renovation meets modern finishes with fully enclosed glass offices and conference room. The second floor features a beautiful kitchen build out with huge island. Ideal for team meetings and hosting events. The third floor provides spacious private offices, expose wood ceilings and modern kitchen/break area. The floors are provided access by an elevator and two interior stair cases. The property also lends itself to be potentially converted and redeveloped for residential use.
Property Details
Property Features
Property Information:
Year Built: 1840
Stories: 3
Living Area: 8,000 SqFt
Listing Office:
Office Name: Roadstead Real Estate Advisors, LLC
Interior Features
Bedroom and Bathroom Information:
Partial Bathrooms: 3
Full Bathrooms: 1
School Info
Assigned Schools Information:
Burke High School, Public Magnet Grades 7-12
Other
Directions Information:
Directions: Intersection Of Cumberland And East Bay
Price Information
Listing Price Info
Price Summary:
List Price: $4,000,000
Price Per SqFt: $500/SqFt
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
High School
2
/10
Burke High School
244 President St
Distance between this listing and this school1.79 miles
Public Magnet Grades 7-12
Nearby Schools
1
/10
Edmund A. Burns Elementary School
3750 Dorchester Rd
Distance between this listing and this school6.32 miles
Public District Grades PK-5
Nearby Schools
4
/10
West Ashley Middle School
1776 Kennerty Dr
Distance between this listing and this school6.17 miles
Public Magnet Grades 6-8
6
/10
Lowcountry Leadership Academy
5139 Gibson Rd
Distance between this listing and this school17.48 miles
Public Charter Grades KG-9
Assigned Schools
2
/10
Burke High School
244 President St
Distance between this listing and this school1.79 miles
Public Magnet Grades 7-12
Nearby Schools
6
/10
Charleston Charter School For Math and Science
1002 King St
Distance between this listing and this school2.08 miles
Public Charter Grades 6-12
7
/10
James Island Charter High School
1000 Fort Johnson Rd
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $58,971. Residents of Charleston, SC typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 198 E Bay St Unit 200, 201, 300
What is the listing price of this property?
The listing price of 198 E Bay St Unit 200, 201, 300 property is $4,000,000.
What type of property is this?
The property 198 E Bay St Unit 200, 201, 300 is a townhouse located in Charleston, South Carolina, 29401.
Is this property for sale now?
Active Listing: 198 E Bay St Unit 200, 201, 300 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 198 E Bay St Unit 200, 201, 300 are: Burke High School: GreatSchools Rating 2/10
How many bedrooms and bathrooms does this property have?
The property at 198 E Bay St Unit 200, 201, 300 has 1 full and 3 half bathrooms..
What is the square footage of this property?
The property 198 E Bay St Unit 200, 201, 300 is 8,000 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 198 E Bay St Unit 200, 201, 300 is 1840.
Interested in 198 E Bay St Unit 200, 201, 300? Let's connect.
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This home is located at 198 E Bay St Unit 200, 201, 300 in Charleston, SC and zip code 29401 in the The Peninsula neighborhood. This 8,000 square foot home was built in 1840. Features: 4 bathrooms. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $4,000,000.
While more than 57 listings in Charleston, SC in April 2024 were sold above asking price, there were more than 80 listings sold at asking price, and more than 167 were sold below. The number of homes for sale in Charleston, SC increased by 11.4% between March 2024 and April 2024.
From Rocket Homes Real Estate and based on county public records data.
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