About 162 Spring Street A, B, C, D, E
On pace for over $400,000 in gross revenue! Introducing 162 Spring Street: a turnkey investment asset featuring twelve bedrooms, ten bathrooms, seven off-street parking spaces, and a triple-net-leased restaurant in the heart of Charleston's STR overlay. Approximately 5,881 square feet across three separate buildings. All furniture and fixtures included in the sale . The property transfers with a proven rental revenue history and a sitting commercial tenant.The front building includes two, 2BR/2BA STR-licensed condos positioned behind a fully leased NNN commercial space. (Three units total)The middle building is a 4BR/3BA single-family home built in 2018. The perfect house to own downtown, that doesn't come with the deferred maintenance of a 100 year old historic home.The last building on the property is another 4BR/3BA home of matching construction vintage, equally equipped for short-term rental performance. Cannonborough-Elliotborough is the most-watched submarket on the peninsula -- Michelin-starred operators (Vern's, Chez Nous), independent retail along Spring and Upper King, and a guest demographic that skews higher-income and longer-stay than the City Market tourist corridor. The opportunity to acquire four fully licensed and operating short-term-rentals PLUS a restaurant space is a rare find here in Charleston.
Features of 162 Spring Street A, B, C, D, E
| MLS® # | 26014816 |
|---|---|
| Price | $5,000,000 |
| Bedrooms | 12 |
| Bathrooms | 0.00 |
| Square Footage | 5,881 |
| Acres | 0.22 |
| Year Built | 1880 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 162 Spring Street A, B, C, D, E |
|---|---|
| Area | 51 - Peninsula Charleston Inside of Crosstown |
| Subdivision | Cannonborough-Elliotborough |
| City | Charleston |
| County | Charleston |
| State | SC |
| Zip Code | 29403 |
Amenities
| Utilities | Charleston Water Service, Dominion Energy |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Heating | Central, Electric, Natural Gas |
| Fireplace | No |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Roof | Metal |
School Information
| Elementary | James Simons |
|---|---|
| Middle | Simmons Pinckney |
| High | Burke |
Additional Information
| Days on Website | 105 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Premier Realty |
|---|
