71 Wentworth Street Unit 202,203,204,206,301 | Charleston | $14,950,000
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71 Wentworth Street Unit 202,203,204,206,301 Charleston, SC 29401 $14,950,000
9,749 SQ. FT.
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71 Wentworth Street Unit 202,203,204,206,301Charleston, SC 29401

For SALE Business ACTIVE
$14,950,000
EST. 37,632.64/MO CALCULATE
9,749 SQ. FT.

Property Description

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

Property Details

  • MLS ID31006228
  • Property TypeCommercial - Business
  • Current UseInvestment, Multi-Family, Residential
  • Days on Site285
  • Existing Lease TypeNNN
  • Parcel Number457-08-01-127
  • Parking Total5.00
  • SewerPublic Sewer, Storm Sewer
  • WaterPublic
  • Year Built1872
  • ZoningCity of Charleston - GB - General Business

Listed By / Shown By

Listed By

Agency Name: CBRE, Inc

SCCMLS

Shown By

Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016

SCCMLS

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