18 Pinckney

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18 Pinckney

Charleston, SC 29401
Asking Price
$1.78M
Asset Type
Retail
Class
Class B

What's Special

18 Pinckney Street is located in the historic French Quarter of downtown Charleston, South Carolina. Situated just steps from the high-traffic intersection of Market and East Bay Streets, the property is positioned within a dense commercial corridor characterized by 18th-century architecture and cobblestone streets. The immediate area features a concentration of upscale hotels, fine dining establishments, and local boutiques, all within walking distance of the Charleston City Market and the waterfront. Access is supported by the city's pedestrian-friendly grid and proximity to multiple public parking garages and CARTA transit routes. The property is suited for boutique high-end retail, specialized showrooms, or artisanal galleries that benefit from consistent foot traffic. Given the neighborhood's profile, the location typically attracts tenants seeking a presence in a premier tourism and shopping destination. The building’s historical context and central positioning make it an appropriate fit for luxury soft goods, jewelry, or high-concept interior design firms. The site offers visibility to both the seasonal tourist demographic and the affluent local residential population residing in the surrounding historic district.

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NOI
$80,000
Cap Rate
4.49%
DSCR
0.76
Underwater
Cash-on-Cash
-4.81%
Monthly Payment
$8,806.469
Annual Cash Flow
$-25,677.626

Location & Travel Times