Address
162 Spring Street, Charleston, SC
Price
$ 5,200,000
Property Attributes
  • MLS#26014869
  • TypeSingle Family
  • Listing Status Active
  • CountyCharleston
  • CityCharleston
  • Area51 - Peninsula Charleston Inside of Crosstown
  • NeighborhoodCannonborough-Elliotborough
  • Zip29403
  • StyleContemporary
  • Year Built1880
  • Price$ 5,200,000
  • Bedrooms12
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage5881
  • Lot Size0.22 Acres
Data Source:
Charleston Trident MLS (CTARMLS)
Property Description

Looking for that perfect investment property? Look no further than 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. On pace for over $400,000 in gross revenue! 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.

Elementary School Middle School High School
James Simons Elementary School Simmons Pinckney Middle School Burke High School
Price History
5/22/2026 Listed $5,300,000
7/24/2026 2$5,200,000

General Features

County Charleston
Property Type Residential
Subdivision Name Cannonborough-Elliotborough
Status Active
High School Burke
City Charleston
MLS Area 51 - Peninsula Charleston Inside of Crosstown
Lot Size Units Acres
Lot Size Square Feet 9583.2
Elementary School James Simons
Middle/Junior High School Simmons Pinckney
Building Area Units Square Feet
Standard Status Active
Utilities Charleston Water Service,Dominion Energy
Sewer Public Sewer
Heating Central,Electric,Natural Gas
Roof Metal
Construction Materials Vinyl Siding
Year Built 1880
New Construction false
Garage Y/N false
Other Structures No
Architectural Style Contemporary
Stories Count 2
Property Subtype Single Family Detached
Full Baths 10
Carport Y/N false
Property Attached Y/N false
Entry Location Ground Level
Security Features Fire Sprinkler System

Interior Features

Interior Amenities Ceiling Fan(s)
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 12
Fireplace Y/N false

Exterior Features

Lot Size Area 0.22
Lot Size Acres 0.22
Water Source Public
Building Area Total 5881

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 29403

Price
AVG $1.39M
$5.2M
Year Built
AVG 1939
1880

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