645 E Bay Street, Charleston, SC 29403 (MLS# 31007367)

645 E Bay Street, Charleston, SC 29403

$1,449,000

Property Type: Commercial Sale Square Footage: 6,655 Status: Active

Current Price: $1,449,000 List Date: 11/12/2025 Last Modified: 4/23/2026

Overview

Description

Introducing a rare development opportunity in one of Charleston's most dynamic downtown corridors. Positioned on East Bay Street with direct views of the Ravenel Bridge, this property offers the ability to construct three units across four stories, combining residential and commercial uses in a highly desirable, highvisibility location. The property is fully entitled, with permits ready to be issued for a first-floor office, a second-story condo, and a third-level and fourth-level two story penthouse with sweeping views of the harbor. Located in an Opportunity Zone, all approvals have been secured, allowing for immediate development with no extended wait time. The site encompasses approximately 0.11 acres, with approximately 4,791 SF of allowable ground coverage and up to three stories of vertical construction (per applicable zoning and planning guidelines). This is one of the few remaining opportunities to develop multiple units in downtown Charleston with this le ... (Read more)

Listing Details MLS# 31007367

Location

Street Number: 645
Street Direction Prefix: E
Street Name: Bay
Street Suffix: Street
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 51 - Peninsula Charleston Inside of Crosstown
State or Province: SC
Postal Code: 29403
Parcel Number: 4590604021
Opportunity Zone: Yes

General Information

Property Sub Type: Multi Family
Secondary Sub-Type: Unimproved Land
Tertiary Sub-Type: Retail
Listing Name: Mixed Use Land Development Opportunity for Sale - Entitled to Build
Property Condition: Proposed
Number of Units Total: 3
Building Area Total: 6655
Zoning: City of Charleston - MU-1/WH - Mixed-Use Workforce Housing
Property Visibility: Excellent
List Price/SqFt: 217.73
Opt In to Crexi?: Yes
Lot Acres: 0

Contract Information

Listing Contract Date: 2025-11-12
Original List Price: 1495000
Tax Legal Description: 645 E. Bay St

Land Related

Frontage Length: 38'
Lot Depth: 164'
In Flood Plain?: Yes

Status Change Info

Status Change Date: 2025-11-12

Auction Details

Auction: No

More Information

Area and Location

Highway Access: access to 26 and 526 and 17

Directions & Remarks

Directions: near the corner of East Bay Street and Columbus St.
Public Remarks: Introducing a rare development opportunity in one of Charleston's most dynamic downtown corridors. Positioned on East Bay Street with direct views of the Ravenel Bridge, this property offers the ability to construct three units across four stories, combining residential and commercial uses in a highly desirable, highvisibility location. The property is fully entitled, with permits ready to be issued for a first-floor office, a second-story condo, and a third-level and fourth-level two story penthouse with sweeping views of the harbor. Located in an Opportunity Zone, all approvals have been secured, allowing for immediate development with no extended wait time. The site encompasses approximately 0.11 acres, with approximately 4,791 SF of allowable ground coverage and up to three stories of vertical construction (per applicable zoning and planning guidelines). This is one of the few remaining opportunities to develop multiple units in downtown Charleston with this level of frontage, accessibility, and view corridor.

Property Sub Type

Multi Family: Yes
Retail: Yes
Unimproved Land: Yes

Current Use

Commercial: Yes
Investment: Yes
Mixed Use: Yes
Multi-Family: Yes
Residential: Yes
Unimproved: Yes

Structure Type

Mixed Use: Yes
Multi Family: Yes
Office: Yes
Retail: Yes
Triplex: Yes

Lot Features

Gentle Sloping: Yes
Level: Yes

Road Frontage Type

City Street: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Property Features

Property Sub Type: Multi Family; Retail; Unimproved Land Current Use: Commercial; Investment; Mixed Use; Multi-Family; Residential; Unimproved Structure Type: Mixed Use; Multi Family; Office; Retail; Triplex Lot Features: Gentle Sloping; Level Road Frontage Type: City Street Water Source: Public Sewer: Public Sewer Listing Terms: 1031 Exchange; Cash; Conventional

Documents

Brochure ›

Listing Office: Coldwell Banker Comm/Atlantic

Last Updated: April - 23 - 2026

Broker Attribution: 8437449877

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