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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 31007677
Property Sub-Type Retail
Property Description
NAI Charleston is pleased to present the exclusive listing for 200 Rutledge Avenue in Charleston, SC. 200 Rutledge is a two-story mixed-use property located in the Cannonborough Elliottborough area of Charleston. The building was constructed in 1978 and contains approximately 4,500 square feet in total. The first floor is occupied by a Walgreens specialty/compounding pharmacy, operating under a long-term corporate lease that commenced in late 2018. As part of that tenancy, the ground floor underwent a substantial renovation that modernized the space and core building systems, including HVAC, electrical, and plumbing. The second floor consists of two residential two-bedroom, two-bath units that were comprehensively renovated in 2019 and configured for short-term rental use, with professional management in place. Overall, the property reflects a combination of stabilized commercial tenancy and renovated residential income units, supported by nine off-street parking spaces and significant capital improvements completed in 2018-2019.
Location
State SC
County Charleston
Zoning City of Charleston - LB - Limited Business
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Listed by Will Sherrod • NAI Charleston, LLC
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