Office Space
525 East Bay Street Charleston, SC 29403
Details & Description
Price: $9,200,000
    Lee & Associates Charleston is pleased to offer for sale 525 East Bay Street (“the Property”). The Property is located in the heart of the Downtown Charleston peninsula and is comprised of 27,500 sq. ft. with incredible visibility at the corner of East Bay Street and Chapel Street. This opportunity is being offered as a stabilized investment office sale.This investment offering is a terrific opportunity to own a marquee office building in the Charleston office market, one of the most desirable locales in the nation.Due to its affordability, high quality of life, and strong business sentiment, Charleston has attracted leading national and international companies over the course of the past decade. Within its boundaries are many flagship properties and developments which would be standout offices in any area of the country. 525 East Bay is one of those properties.With an unbeatable location, attractive aesthetics, an abundance of parking, and stabilized tenancy comprised of world-class companies, this is a rare opportunity to own property in Charleston’s growing office market.
    Property Highlights
    Additional Photos
    Listing Agents
    Miles Barkley

    O: 843-793-6950
    M: 843-514-6984
    mbarkley@lee-associates.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    525 East Bay Street

    Charleston, SC 29403

    Listing ID: 277381
    • 525 East Bay Street Charleston, SC 29403 | for Sale | Photo 1
    • 525 East Bay Street Charleston, SC 29403 | for Sale | Photo 2
    • 525 East Bay Street Charleston, SC 29403 | for Sale | Photo 3
    • 525 East Bay Street Charleston, SC 29403 | for Sale | Photo 4
    525 East Bay Street | for Sale | Thumbnail 1
    525 East Bay Street | for Sale | Thumbnail 2
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    525 East Bay Street | for Sale | Thumbnail 4
    Building Size: 27,491 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $334.65
    Land $/SF: $211.20
    Price
    $9,200,000
    Property Highlights
    Landmark building
    Prime location
    Exceptional access and parking
    World-class tenancy
    Office market with upside
    Booming population
    Young workforce
    Affluent population
    Description

    Lee & Associates Charleston is pleased to offer for sale 525 East Bay Street (“the Property”). The Property is located in the heart of the Downtown Charleston peninsula and is comprised of 27,500 sq. ft. with incredible visibility at the corner of East Bay Street and Chapel Street. This opportunity is being offered as a stabilized investment office sale.

    This investment offering is a terrific opportunity to own a marquee office building in the Charleston office market, one of the most desirable locales in the nation.

    Due to its affordability, high quality of life, and strong business sentiment, Charleston has attracted leading national and international companies over the course of the past decade. Within its boundaries are many flagship properties and developments which would be standout offices in any area of the country. 525 East Bay is one of those properties.

    With an unbeatable location, attractive aesthetics, an abundance of parking, and stabilized tenancy comprised of world-class companies, this is a rare opportunity to own property in Charleston’s growing office market.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Charleston History of Office Space for Sale

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    Charleston Area Market Trends

    Listing Demographics for 525 East Bay Street Charleston, SC 29403

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,77166,642158,269
    Population Median Age343840
    Population by Age0-9 Yrs771 (5%)5940 (8%)16566 (10%)
    10-19 Yrs2892 (19%)8502 (12%)17443 (11%)
    20-29 Yrs5373 (36%)15687 (23%)27286 (17%)
    30-39 Yrs1404 (9%)8427 (12%)23339 (14%)
    40-49 Yrs676 (4%)5199 (7%)16678 (10%)
    50-59 Yrs1220 (8%)8210 (12%)21196 (13%)
    60-69 Yrs1192 (8%)6902 (10%)17638 (11%)
    70+ Yrs1243 (8%)7774 (11%)18123 (11%)
    Median HH Income$43,316$75,609$77,010
    Total Household Income< 24K2138 (37%)5340 (20%)11340 (18%)
    25-49K902 (15%)3956 (15%)10222 (16%)
    50-74K728 (12%)3417 (13%)9136 (14%)
    75-99K456 (8%)2763 (10%)7748 (12%)
    100-199K839 (14%)5545 (21%)14893 (23%)
    200K+579 (10%)4539 (17%)9303 (14%)
    Highest Education LevelNo Diploma65422606211
    Diploma or GED1229623218469
    Some College949534516704
    Assoc. Degree40628767295
    Bachelors Degree26671575237880
    Higher Degree17661058824615
    Total Housing Units7,92232,15773,967
    --Owner-Occupied1,77614,37938,209
    --Renter-Occupied3,86611,18124,433
    Owner-Occupied Values< 100K664071527
    100-199K958023034
    200-299K8013296045
    300-399K26713836122
    400-499K12213024232
    500K+1146915717250
    Total Working Age Population13,80557,780133,310
    In Work Force7,96234,40886,131
    Not In Work Force5,84223,37247,179
    Workforce Employed7,43032,58382,508
    Workforce Unemployed4921,5893,142
    Civlian Workforce7,92234,17285,650
    Military Workforce40236481
    Total Households5,64225,56062,642
    Family Households1,66313,22135,161
    Non-Family Households3,97912,33827,481
    Married Couple1,0219,81426,760
    Other Family6423,4078,401
    Married w/Child1693,0629,532
    Single Male w/Child43170675
    Single Female w/Child3201,3283,157

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    South Carolina4,012,012+154,625,364+95,020,400+95,488,460
    Berkeley County142,651+25177,843+8192,450+11214,140
    Charleston County309,969+13350,209+5366,380+6386,660

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 525 East Bay Street in Charleston?
    The asking price for 525 East Bay Street is $9,200,000
    What is the building size of this Office property in Charleston, SC?
    The size of the building/unit at 525 East Bay Street in Charleston is 27,491 square feet
    How much land does the Charleston, SC property at 525 East Bay Street include?
    525 East Bay Street in Charleston includes 1.000 acres of land
    What kind of Office is the propery at 525 East Bay Street?
    The property at 525 East Bay Street Charleston, SC 29403 is listed as a Professional Office property
    What is the population within 1 mile of 525 East Bay Street in Charleston?
    The population within 1 mile of 525 East Bay Street Charleston, SC 29403 is 14,771 people.
    Who do I contact for questions about 525 East Bay Street?
    You should contact the listing agent, Miles Barkley , for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Charleston Air Force Base-International Airport (CHS) 10
    Savannah Hilton Head International Airport (SAV) 87
    Columbia Metropolitan Airport (CAE) 105