Commercial Listing Details

CBRE is offering a bulk sale of five luxury condominium units in the renovated historic Masonic Lodge at 71 Wentworth St (270 King St), Each unit comes with one reserved, leased parking space in the adjoining parking garage. The units are 100 NNN leased to Inspirato. Inc., a publicly-traded luxury home club. The combined annual revenue for the five units is $759,917. The 10-year leases expire in 2034 with landlord''s right to terminate beginning in July 2029. The five units are priced $15,950,000 with $856,000 of FF&E included in the price. Please see our OM in Documents for a full description. DealFlow Page: https://www.cbredealflow.com/handler/modern.aspx?pv=0Ezb-shtHE7rpg8XqVsKHu00rfKSoV_7aJotJJWrduQ#_top

 
Carriage Properties

Listed by: CBRE, Inc

  • Address71 Wentworth
  • City, ZIPCharleston, SC 29401
  • AreaPeninsula Charleston Inside of Crosstown
  • MLS #31006228
  • StatusActive
  • Price$14,950,000
  • CategoryFor Sale
  • Property Type
  • Property Subtype:Hospitality,Multi Family
  • Sq Ft9,749 SF
  • ZoningCity of Charleston - GB - General Business
  • Title:71 Wentworth at 270 King Street
  • Current Use:NNN
  • Nearest MSA:Charleston-North Charleston, SC
  • Sewer:Public Sewer,Storm Sewer
  • Water SourcePublic
  • Parking:5.00

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