Downtown Charleston parking space goes on sale for $74,000

Downtown Charleston parking space goes on sale for $74,000

CHARLESTON, S.C. (AP) - A parking space in downtown Charleston is being sold for $74,000.

The Post and Courier of Charleston reports that Domicile Real Estate Brokerage is trying to sell the space on Burns Lane. It went on sale Tuesday.

The firm's founder, Jennifer Davis, says the costly price tag can be contributed to limited land and high demand for spaces.

For a business, the need for parking spaces can be particularly important. According to Charleston zoning codes, a minimum number of parking spaces are required based on land use.

And businesses aren't the only ones. Davis says those looking to bring value to a house can also see the benefit of these parking spots.

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