Proposed, fully entitled 9 unit condo./multi-family development with 4,500 square feet of ground floor office space in the Opportunity Zone. 554 Rutledge Ave., a former Humanities Center, is located in the heart of the Westside neighborhood just North of the Crosstown on the Rutledge Ave. Corridor. Approved plans feature 12,040 square feet of residential living space and approximately 4,500 of office space on 4 floors totaling 19,849 square feet. There are 9 off-street spaces on-site (1 per condo. unit). In addition to Opportunity Zone credits, the project may also qualify for the Abandoned Building Tax Credit. Site plan, permit set, construction budgeting information, and additional details available by request.
Listing Date: 05-01-2019
Sold Date: 04-29-2020
Aprox Days on Market: 
11 month(s), 27 day(s)
Listing Sold: 
6 Year(s), 1 month(s), 26 day(s) ago
Original Asking Price: $1,975,000
Asking Price: $1,975,000
Selling Price: $1,850,000
Price Difference From Original:
Reduced By $125,000
Price Difference From Asking:
Reduced By $125,000
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Community Features: Bus Line
Year Built: 1942
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.27
Lot Size Units: Acres
Acres: 0.27
Lot Sqft: 11761.2
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: B
Stories: 4
Foundation: Slab
Exterior: Brick
New Construction: No
Roof: See Remarks
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Condominium, More than 4
Sold Date: 2020-04-29T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 19849
Number of Units Total: 10
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: No
Water Sewer: Public Sewer
Cooling: No
Waterfront: No
Courtesy of listing office The Boulevard Company