162 Spring St #A,B,C,D,E, Charleston, SC 29403
162 Spring St #A,B,C,D,E, Charleston, SC 29403
162 Spring St #A,B,C,D,E, Charleston, SC 29403
162 Spring St #A,B,C,D,E, Charleston, SC 29403
162 Spring St #A,B,C,D,E, Charleston, SC 29403
162 Spring St #A,B,C,D,E, Charleston, SC 29403
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Jonathan Holt

Jonathan Holt

+1(843) 367-8325
Listed by   REMAX Executive
$ 5,600,000
Est. payment | /mo

13 Beds

5,883 SqFt

Save
$ 5,600,000
Est. payment | /mo
Save

13 Beds

5,883 SqFt

Key Details

Property Type Multi-Family, Single Family Home

Sub Type More than 4,Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,883 sqft

Price per Sqft $951

Subdivision Cannonborough-Elliotborough

MLS Listing ID 26026753

Bedrooms 13

HOA Y/N No

Year Built 2018

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type More than 4,Other

Property Description

162 Spring St Unit A,B,C,D&E Assemblage is a fully operating STR /short term rental units and Restaurant in Downtown Charleston. This Multi-Use, Commerical Zoned, Income Producing, HPR Buildings are located in the STR Accommodations Overlay District offering 5 Units with 7 off street parking spaces. This rare assemblage of 3 buildings includes the front building offering Two(2)Income-Producing Residential STR Units and One (1) Restaurant with current lease terms that will convey. The two fully updated residences Unit A and B are each 2BR/ 2BA condo-style upstairs units. The restaurant is a very successful business and current lease remains as a current NNN Lease Term. Whether you're an investor seeking high-performing income producing STR short-term rental potential,or a buyer looking to live in one unit while generating income from the others, or someone building a portfolio of diverse downtown assets, this opportunity delivers exceptional value, flexibility, and upside.
Zoned to allow short-term rentals with proper licensure and fully compliant with all city regulations, this property stands out as a turn-key, multi-use gem that's ready to produce from day one.
Unit A,B &C sit at the front of the lot, Unit A/B are upstairs and each unit is a stylish 2-bedroom, 2-bathroom residence blending classic Charleston architecture with modern convenience. Offered fully furnished and thoughtfully designed for either personal use or STR occupancy, these units feature an open-concept layout with hardwood floors, abundant natural light, and a designer kitchen with granite countertops and stainless steel appliances. Each bedroom enjoys privacy and comfort, complete with ensuite bathrooms an ideal configuration for couples, friends, or vacationing guests. With a strong rental history and low-maintenance setup, Unit A,B,C,D &E is a perfect addition to any investor's portfolio or a cozy home base in the city with built in income return on your investment

For investors, the setup of this property with 2 condo-style STR units and a Income producing Restaurant and 2 stand alone 4 bedroom 3 bath beautiful houses offers a unique ability to generate income from 5 very different renter profiles while sharing the benefits of a single HPR parcel. The ability to operate 4 STR /short-term rentals, if desired, is an enormous advantage that sets this property apart in a market where zoning compliance is critical and increasingly rare. Whether you want to maximize short-term rental income, live in one unit while renting the others, or simply hold an appreciating asset in a prime growth corridor, 162 Spring Street A,B,C,D&E is a smart and strategic acquisition.
Opportunities like this are increasingly rare in Charleston especially properties that are move-in ready, STR eligible, and offer true Multi-Use flexibility in a high-demand location. Don't miss your chance to own a piece of downtown that earns while it appreciates.
Please do not disturb current tenants. Call Listing agent for all details. Unit A,B,C, and Unit D, and Unit E can be purchased separately or combined. see MLS for listings.

Location

State SC

County Charleston

Area 51 - Peninsula Charleston Inside Of Crosstown

Interior

Interior Features Ceiling Fan(s)

Heating See Remarks, Central

Cooling Central Air

Laundry Washer Hookup

Exterior

Parking Features Other

Utilities Available Charleston Water Service, Dominion Energy

Roof Type Architectural,Metal

Building

Dwelling Type More than 4,Other

Story 2

Foundation See Remarks

Sewer Public Sewer

Water Public

Structure Type See Remarks,Wood Siding

New Construction No

Schools

Elementary Schools James Simons

Middle Schools Simmons Pinckney

High Schools Burke

Others

Acceptable Financing Any, Cash, Conventional

Listing Terms Any, Cash, Conventional

Financing Any,Cash,Conventional

Nearby Locations

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162 Spring St #A,B,C,D,E