$4,000,000
198 Bay Street, 200, 201, 300
Charleston, SC 29401
MLS# 24001908
2.5 baths  |  8000 sqft
198 Bay Street, 200, 201, 300, Charleston, SC 29401
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198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401 198 Bay Street, 200, 201, 300, Charleston, SC 29401

Property Description
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.

Details
Maps
Documents
Contract Info
Sub-Type: Single Family Attached
MLS List Date: 2024-01-24
Status: Active
List Price: $4,000,000
Current Price: $4,000,000
Location, Tax & Legal
Tax Map #: 4850504019,020,021
Street #: 198
Street Name: Bay
Street Suffix: Street
Unit #: 200, 201, 300
County: Charleston
State: SC
Zip Code: 29401
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 72 - City of Charleston
Subdivision: None
Elementary School: Memminger
Middle School: C E Williams
High School: Burke
Legal Description: 198 EAST BAY Description -SUITE 200 % OWNERSHIP OF COM ELEM .2 240% Site Name -SUITE 200 PlatSuffix F127-65 PolTwp 002 198 EAST BAY Description -SUITE 201 % OWNERSHIP OF COM ELEM .1 221% Site Name -SUITE 201 PlatSuffix F127-65 PolTwp 002 198 EAST BAY Description -SUITE 300 % OWNERSHIP OF COM ELEM .3 665% Site Name -SUITE 300 PlatSuffix F127-65 PolTwp 002
Directions: Intersection of Cumberland and East Bay
General Property Info
Baths - Full: 1
Baths - Half: 3
Baths - Total: 2.5
Ground Level: No
Stories: 3
Primary Structure Apx SqFt: 8000
Ownership: Condominium
Year Built: 1840
Other Structures Y/N: No
Potential Short Sale: No
HOA Fee: Yes
Tax/Fees
Regime Fee: Yes
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Property Features
SqFt Source: Previous Listing
SF Attached Style: Condo Regime; Flat
New Owned: Pre-Owned
Water/Sewer: Public Sewer; Public Water
Proposed Financing: Any
Assumable: No
Supplements
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.

Listing Office: Roadstead Real Estate Advisors, LLC

Last Updated: January - 24 - 2024

198 Bay Street, 200, 201, 300, Charleston, SC 29401 - MLS# 24001908
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.

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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