Property photo 1
57 photos
ActiveMLS# 260266861 days on market

$2,500,000

162 Spring Street #C A, B, C

Charleston, SC 29403

4 BD|0 BA|2,451 SQFT|$1019.99/sqft

About This Property

162 Spring St A,B,C is a fully operating STR /short term rental and Restaurant Downtown Charleston. This Multi-Use, Commerical Zoned, Income Producing HPR Building located in the Accommodations Overlay District offers 3 Units with 4 off street parking spaces. Two(2)Income-Producing Residential STR Units and One (1) Restaurant with current lease terms that will convey. This front building includes 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, a buyer looking to live in one unit while generating income from the other, or someone building a portfolioof 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. Both Unit A and Unit B sit at the front of the lot, 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, this unit features 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 and C 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 offers a unique ability to generate income from two very different renter profiles while sharing the benefits of a single HPR parcel. The ability to operate both units as 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 other, or simply hold an appreciating asset in a prime growth corridor, 162 Spring Street A,B &C 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 D, and E can be purchased combined for $5,600,000. see MLS for listing.

Property Details

Property TypeSingle Family
Year Built1880
Lot Size9,583 sqft
Stories2
Price / Sqft$1,019.99
Days on Market1
MLS Number26026686

Zelda Bryant

Broker-in-Charge

Schedule a Showing

By submitting, you agree to receive text messages from Bryant RE about your inquiry and related real estate updates. Message frequency varies. Msg & data rates may apply. Reply STOP to opt out or HELP for help. See our Privacy Policy and Terms.

Mortgage Calculator

Est. Monthly Payment

$15,037

P&I: $12,641 | Tax: $1,771 | Insurance: $625

$2,500,000
%
%
Loan Amount$2,000,000
Down Payment$500,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

162 Spring Street #C A, B, C, Charleston, SC 29403

Map view not available for this listing

Similar Listings

More properties in Charleston