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High Profile 680 King is a rare and unique opportunity to have a store front business & live upstairs in rapidly growing Downtown location. Commercial opportunity on Iconic King near new 12 acre redevelopment project called Courier Square on the former site of the Post and Courier (South's oldest daily newspaper). Also nearby at 609 King is a new retirement community called The Peninsula of Charleston where units begin at nearly $2 million plus great restaurants Leon's Oyster, Melfi's Italian, Little Jack's Tavern, The Ordinary, The Daily & next door is Welton Bake Shop with outdoor dining. Property could be a duplex Live/work or Airbnb (owner occupied) or retail space could be 3 units. Live upstairs and have office/business downstairs or rent short term or long term. Upstairs could be 2 rentals with separate entrances on porch. Downstairs is currently rented by Interior Designer until March 2026. Property is in Short Term Residential Category 2 District see map and details in photos. 6 off street parking spaces is rare and a premium for Downtown! 4 parking spaces behind the property on this corner lot makes for easy access plus 2 tandem spaces to to porch plus golf cart parking/storage space. Most recent Downtown single parking space near MUSC Hospital sold for $32, 000! Following information provided by Seller: New exterior paint and downstairs porch floor installed April 2023 New standing seam metal roof in 2022 New downstairs water heater approximately 2022 New HVAC systems approximately 2020 downstairs & 2022 upstairs Upgraded energy efficient ultra violet double hung windows except those windows facing King Termite Bond with Terminex King Street is well known for shopping and fabulous restaurants plus easy access to the Crosstown and Interstate 26. Property is zoned General commercial but can easily be converted back to duplex or even a triplex and live in one unit and rent the other to maximize income potential. See floorplan for layout which can be 2 bedrooms and 1 bathroom downstairs and 2 bedrooms and 2 bathrooms upstairs plus both units have washer/dryer hookups and a total of 6 fireplaces (non-working). King Street in Downtown Charleston is well known for its restaurants and bars like Bourbon Street in New Orleans with vibrant versatility from art galleries to antique shops in a pedestrian and bike friendly city that eludes charm and beautiful historic buildings. 657 King (vacant land) sold for $4, 750, 000 540 King is currently listed for $4, 400, 000 2024 Income $64, 204 when both units were rented 2025 Insurance $5987 2025 Property Tax $6673 Come see why 680 King has so much to offer at an incredible price!
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NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $956,000 | $956,000 | $956,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.110% | 6.038% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,428 | $5,732 | $8,003 |
| Total Monthly Payment | $5,553 | $5,857 | $8,128 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.