REDEVELOPMENT OPPORTUNITY
• This is an opportunity to purchase a 8,911 SF warehouse on 0.537 acres in an area witnessing unprecedented redevelopment over the last few years.
• Property consists of two buildings:
- Main Building with warehouse, office and apartment space
- Rear Building with warehouse and walk-in fridge
• Adjacent to Atlantic on Romney apartments and Charleston Tech Center
• Within walking distance to a variety of restaurants, apartments and offices.
• Direct access to I-26 and easily accessible to major thoroughfares including Highway 17, Ravenel Bridge, Morrison Drive and Meeting Street.
MORRISONDR N. NASSAUST MEETING ST ROMNEY ST ISABELLA ST 930 NOMO APARTMENTS CHARLESTON TECH CENTER MEETING STREET ACADEMY FOUNDRY POINT APARTMENTS THE RUMNEY APARMENTS MEETING STREET LOFTS COOL BLOW LOFTS MORRISON YARD OFFICE TACO BOY CIGAR FACTORY ATLANTIC ON ROMNEY ROMNEY 60 17 CHARLESTON PENINSULA BRIDGE-COMMERCIAL.COM N.HANOVERST
SUPERIOR LOCATION ON THE UPPER PENINSULA
BRIDGE-COMMERCIAL.COM
PACIFIC BOX Mixed-Use/ Office/Restaurants PhishLabs BoomTown One Nine Pro Rancho Lewis Sushi-Wa FOUNDRY POINT Multifamily 276 units ATLANTIC ON ROMNEY Multifamily 304 units HALF MILE NORTH Mixed-Use/ Office/Restaurants Blue Acorn in/PACT Software SIB Edmund’s Oast Butcher & Bee THE MERCHANT Multifamily 231 units CHARLESTON TECH CENTER Office 6 Stories of Class A Office Space 1 2 3 4 5 6 1 2 3 5 6 4 ROMNEY 60 MORRISONDR N. NASSAUST MEETING ST ROMNEY ST ISABELLA ST
PROPERTY SUMMARY
ADDRESS: 60 Romney Street Charleston, SC 29403
BUILDING SF: 8,911 SF Total 6,476 SF Front Building
2,435 SF Rear Building
ZONING: UP (Upper Peninsula)
YEAR BUILT: 1985 and 2000 (rear building)
LOT SIZE: 0.537 acres
FLOOD ZONE: AE
ROMNEY 60
MAGNOLIA THE CITADEL
NOMO ROMNEY 60
LAUREL ISLAND
HAMPTON PARK SC
17
AQUARIUM MARION SQUARE
COFC MUSC
KING STREET SHOPPING
WHITE POINT GARDENS
BRIDGE-COMMERCIAL.COM BRIDGE-COMMERCIAL.COM
ROMNEY ST
N. NASSAU ST
JOE RILEY STADIUM
ISABELLA ST
ATLANTIC ON ROMNEY
BRIDGE-COMMERCIAL.COM Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document. MAIN BUILDING - TWO STORIES ROMNEY 60 Real Estate Appraisers & Consultants 60 Romney Street Charleston, Charleston County Estate of George E. Kornahens SKETCH – MAIN BUILDING (FIRST FLOOR) Real Estate Appraisers & Consultants 60 Romney Charleston, Charleston Estate of George E. Kornahens Murphy, Hays & Associates, LLC SKETCH – MAIN BUILDING (SECOND FLOOR) MAIN BUILDING 1ST FLOOR MAIN BUILDING 2ND FLOOR TWO-STORY OFFICE/APARTMENT 2,858 SF ONE-STORY WAREHOUSE 3,618 SF 71.65’ 28.5’ 28.5’
REAR BUILDING
ONE STORY Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, including warranties of content, accuracy and reliability. Any interested party should do their own research as to the accuracy of the information. Bridge Commercial excludes warranties arising out of this document and excludes all liability for loss and damages arising out of this document. Real Estate Appraisers & Consultants 60 Romney Street Charleston, Charleston County Estate of George E. Kornahens SKETCH – REAR BUILDING WALK-IN FRIDGE 820 SF WAREHOUSE 1,615 SF ROMNEY 60
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BRIDGE-COMMERCIAL.COM SITE PLAN ROMNEY 60
BRIDGE-COMMERCIAL.COM
ISLAND PATRIOTS POINT SHEM CREEK MT PLEASANT WATERFRONT PARK
PLEASANT MARION SQUARE HAMPTON PARK THE CITADEL MUSC WESTEDGE UPPER KING THE MARKET LOWER KING COFC MAGNOLIA WEST ASHLEY
60
2-4-7 MINUTE DRIVE TIME MAP
LAUREL
MT.
ROMNEY
EAST CENTRAL & NOMO VIBE
BRIDGE-COMMERCIAL.COM
Photo by: Trident Construction
Baker & Brewer
Big Bad Breakfast
Butcher & Bee
Crust Wood Fired Pizza
Edmund’s Oast
Gale Restaurant
Gobble Gobble
Heavy’s Barburger
Kickin Chicken
Leon’s
Little Jack’s Tavern
Melfi’s
Revelry Brewing
Rutledge Cab Company Santi’s
Taco Boy
The Daily
511 Meeting
930 NoMo
Atlantic on Romney
Cormac
Elan Midtown
Element 29
Foundry Point
Meeting Street Lofts
Morrison Yard
The Enclave
The Guild
The Merchant The Porter
Home Team Barbeque
Lewis Barbeque
& MULTIFAMILY RESTAURANTS 17
Rodney Scott’s Barbeque PROXIMATE TO RETAIL
ROMNEY 60 KING STREET
DISTRICT
The Royal American VIP Bistro MULTIFAMILY
SHOPPING
LOW LINE 930
THE PORTER 511 MEETING ELEMENT 29 ELAN MIDTOWN MEETING STREET LOFTS THE
CORMAC
THE ENCLAVE MEETING ST KING ST MORRISONDR 3, 5, 7 MINUTE WALK ROMNEY ST
NOMO FOUNDRY POINT THE MERCHANT
GUILD
MORRISON YARD
6,000 multifamily units
psf monthly avg. rents
BRIDGE-COMMERCIAL.COM SURROUNDED
UNDER CONSTRUCTION 1 Cormac Multifamily 2 The Morrison Office 3 55 Romney Multifamily 4 651 Meeting Multifamily 5 Morrison Yard Office 6 Morrison Yard Office 7 Moxy Hotel PROPOSED 1 ILA Mixed-Use 2 Flatiron Hotel 3 County Site Mixed-Use 4 Origin Partners Hotel 5 ILA Pension Multifamily 6 584 Meeting Multifamily 7 Regis Milk Multifamily 8 Archer School Multifamily 17 1 2 3 4 5 6 7 1 2 3 4 5 6 7 8
BY DEVELOPMENT ACTIVITY
$2.50
ROMNEY 60 MEETING ST KING ST
MORRISON DR ROMNEY ST
CHARLESTON CONTINUES TO ATTRACT BUSINESS & PEOPLE CHARLESTON METRO RANKS #49 BEST PLACE TO LIVE IN THE USA U.S. NEWS | 2022 SMALL CITY IN THE U.S. 10 of the last 11 years CONDE NAST TRAVELER | 2011 - 2020; 2022 # 1 22ND BEST RUN CITIES IN AMERICA WALLETHUB | 2023 #2 IN THE U.S. FOR INBOUND MOVES HIREAHELPER.COM | 2022 3 HIGHEST DEMAND FOR OUTBOUND TRUCKS U-HAUL | 2022 no. #18 most desirable places to live in the U.S. U.S. NEWS | 2022 CITY IN THE U.S. 10 YEARS IN A ROW TRAVEL + LEISURE | 2013 - 2022 1NO.
3X
POPULATION
2X
#24
Sources:
WORKFORCE
37.5%
4X
Sources:
Labor Force Growth 2010 - 2020 Charleston 19.6% South Caro 7.8% United Stat 4.1% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% Charleston South Carolina United States
GROWTH:
U.S. Bureau of Labor Statistics, CRDA.org
ADULTS WITH A BACHELOR’S DEGREE
WORKFORCE GROWTH THAN UNITED STATES AVERAGE Population Growth 2010 - 2020 Charleston 23.3% South Caro 12.8% United Stat 6.7% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% Charleston South Carolina United States
U.S. Bureau of Labor Statistics, CRDA.org
CAROLINA AVERAGE GROWTH
SOUTH
STATES AVERAGE GROWTH
UNITED
GROWTH:
CHARLESTON IS WHERE THE JOBS WILL BE 2023 | FORBES BRIDGE-COMMERCIAL.COM
NATION IN POPULATION & WORKFORCE GROWTH BEST CITIES FOR JOBS CHARLESTON RANKS 31st 2023 | WALLETHUB
BEST CITIES TO START A CAREER 2023 | WALLETHUB
CHARLESTON OUTPACES
#13
MARK MATTISON, II, SIOR, CCIM
This document has been prepared by Bridge Commercial for advertising and general information only. Bridge Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Bridge Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Bridge Commercial and/or its licensor(s). ©2022. All rights reserved.
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EXCLUSIVELY MARKETED BY
Executive Vice President +1 843 437 1545 mark.mattison@bridge-commercial.com ROMNEY 60 DANIEL PELLEGRINO Executive Vice President +1 850 728 1050 daniel.pellegrino@bridge-commercial.com
