162 Spring Street A, B, C, D, E, Charleston, SC

$5,000,000

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12

Beds

5,881

Square feet

0.22

Acres

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

OfficePremier Realty

Listing Map

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