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ContentTHE OFFERING 3

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ZONING MAPAMENITIES MAPSTOP ATTRACTIONSSURROUNDING DEVELOPMENTSTOURISM IMPACTACCOLADES

ContactChris Fraser, CCIMManaging DirectorD 843.973.8356C 843.452.9425chris.fraser@avisonyoung.com

Leslie FellabomSenior Vice PresidentD 843.973.8357C 843.442.7492leslie.fellabom@avisonyoung.com

Kisha LylesAssociateD 843.203.2033C 864.426.5937kisha.lyles@avisonyoung.com 24

24 N Market Street is a rare redevelopment opportunity in downtown Charleston’s historic district. The property is located on the corner of East Bay and North Market Street. Consisting of 53,600 sf of mixed-use property, that is zoned General Business and is in the Accommodation and Amusement & Recreation Overlay zones. The site is 0.6 acres and supports on-site parking for allowable zoned uses.

Located in the heart of the Charleston historic district and near the waterfront, this commercial site is in one of the most architecturally significant and culturally diverse cites in the United States. Charleston, South Carolina is consistently voted No. 1 city in the US attracting over 7 million visitors annually, and home to world-class dining, accommodations, high-end and locally curated shopping, heritage rich visual and decorative art and artifacts and events throughout the year.

As one of the busiest container ports along the Southeast and Gulf coast, the unique cultural mix of people is largely reflected in the variety of business activities, everyday life, recreation, food and entertainment. The city’s economy is broadly based with market drivers including education, entertainment, healthcare, port-related trade, technology and tourism. Charleston annually hosts Spoleto Festival USA , an internationally recognized premier performing arts festival. The Piccolo Spoleto festival takes place at the same time and features local performers and artists, with hundreds of performances throughout the city. Other festivals and events include Historic Charleston Foundation’s Festival of Houses and Gardens and Charleston Antiques Show, the Taste of Charleston, The Lowcountry Oyster Festival, the Cooper River Bridge Run, Southeastern Wildlife Exposition (SEWE), Charleston Food and Wine Festival, Charleston Fashion Week, the MOJA Arts Festival, and the Charleston International Film Festival.

The region has experienced unprecedented growth and economic diversification, with both multinational corporations and fast-growing startups taking advantage of our globally competitive business environment and rapidly expanding, diverse population. Charleston is such an enticing city that, according to the Charleston Regional Development alliance, 28 people relocate here every day. The business growth is 4 times faster than the U.S. average and twice as fast as South Carolina’s average. For floor plans, leases, and additional information click here for the NDA and access to dropbox with information.

Sale Price $22,250,000GLA 53,600 sf

24 The Offering

24 Zoning Map

GB - General BusinessThe General Business, GB District allows a broad range of commercial uses and activities. It is the most intensive commercial zoning district. Prohibited uses include junk and salvage yards, storage yards (except for vehicles and boats)Automotive repair shops, gasoline service stations, veterinary clinics, and stables are permitted only as special exceptions subject to the approval of the Board of Zoning Appeals.

The A Overlay Zone identifies properties in Charleston where accommodations uses (commercial uses providing living or sleeping units where the intended duration of occupancy would not exceed 29 consecutive days.

The AR Overlay Zone applies to all areas of peninsula section of the city as bounded by the Ashley River, the Cooper River and Charleston Harbor.

Accommodations Overlay Amusements & Recreation Overlay

C L I C K H E R E TO V I E W I N T E R AC T I V E ZO N I N G MA P

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The Dewberry CharlestonHotel Bennett

The Restoration Andrew Pickney Inn Belmond Charleston Place

Planters Inn Market Pavilion HotelThe Spectator HotelFrench Quarter Inn

HarbourView Inn

Renaissance Charleston Historic District Hotel

Grand Bohemian Hotel Charleston

DoubleTree by Hilton Hotel & Suites

The Mills House WyndhamGrand Hotel

The Vendue, Charleston’s Art Hotel

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Charleston Grill

Grill 225

Fulton Five

High Cotton

Magnolias

The Establishment

Gabrielle

Zero Restaurant + Bar

Peninsula Grill

Husk

Oak Steakhouse 15.

The Ordinary

Halls Chophouse

Circa 1886 Restaurant

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Berlins For Women15.

David Skinner Antiques &Period Lighting

14.The Ben Silver Collection13.OOBÉ BRAND12.Anglin Smith Fine Art11.John Pope Antiques10.RTW9.George C. Birlant & Co8.Charleston City Market7.

GodivaGucciLouis VuittonSt. JohnTommy Bahama

The Shops at Belmond Charleston Place

6.Marine Layer5.M. Dumas & Sons4.Jordan Lash Charleston3.Croghan’s Jewel Box2.Hampden1.

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Top Attractions

THE CITADEL JOE RILE Y STADIUM THE CHARLESTONMUSEUM

SOUTH CAROLINAAQUARIUM

COLLEGE OF CHARLESTON

GIBBES MUSEUMOF ART

DOCK STREETTHEATRE

WATERFRONTPARK

CHARLESTON CIT YMARKET

UNITED STATESCUSTOM HOUSE

CHARLESTON MUSICHALL

CHARLESTONGAILLARD CENTER

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AFRICAN AMERICAN MUSEUM

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Tourism Impact Walkability

BIKE SCORE 78

WALK SCORE 837.28 million people visited the Greater Charleston Area, generating $8.1 billion in total economic impact throughout the region.

128,200 more hotel room nights were sold in 2018 than 2017 (an increase of 2.8%).

Despite several major weather events plus increases in hotel and short-term rental inventory, hotels nearly maintained the record occupancy and ADR levels posted in 2017.

Average per person total trip expenditure increased by $37, partly due to increased spending on tours, attractions, and shopping.

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Charleston ranked #1 city in the U.S.

by Travel + Leisure

Charleston ranks #29 out of 200 cites; Best Places For Business

& Careers

Charleston voted “South’s Best City”

by Southern Living’s readers

One of 29 Best Small U.S. Cities

Charleston voted #1 Small U.S. City

by Condé Nast Traveler Readers

1315 Ashley River RoadCh a r l e s to n , S C 2 9 4 0 1

Chris Fraser, CCIMManaging DirectorD 843.973.8356C 843.452.9425chris.fraser@avisonyoung.com

Leslie FellabomSenior Vice PresidentD 843.973.8357C 843.442.7492leslie.fellabom@avisonyoung.com

Kisha LylesAssociateD 843.203.2033C 864.426.5937kisha.lyles@avisonyoung.com

For More InformationContact :

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