Welcome to 171 Spring Street, a high-income producing property located in one of downtown Charleston's most desirable neighborhoods and within the coveted Short-Term Rental Overlay District. This unique opportunity features a mix of commercial and residential short-term rental spaces, offering both immediate cash flow and long-term investment potential.The property is comprised of three distinct units: Unit A: A 510 sq. ft. commercial space with excellent visibility--perfect for a retail shop, office, or cafe. Unit B: A tastefully updated 730 sq. ft. 2-bedroom, 1-bathroom residence that is currently operating as an active short-term rental. Unit C: A spacious 1,805 sq. ft. 4-bedroom, 3-bathroom short--term rental spanning the second and third floors, beautifully updated throughout tomaximize comfort and guest appeal.Additional highlights include two off-street parking spaces and unbeatable walkability to King Street, MUSC, shopping, dining, and Charleston's most popular attractions. With its strong rental history, prime location, and mix of commercial and residential income streams, 171 Spring Street presents a rare chance to own a proven investment property in the heart of the Holy City with significant upside potential! Additional projection proformas available upon request.
Listing Date: 09-23-2025
Sold Date: 12-08-2025
Aprox Days on Market: 
2 month(s), 14 day(s)
Listing Sold: 
6 month(s), 10 day(s) ago
Original Asking Price: $1,995,000
Asking Price: $1,995,000
Selling Price: $1,885,000
Price Difference From Original:
Reduced By $110,000
Price Difference From Asking:
Reduced By $110,000
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Farm Credit Service Incl: No
Year Built: 1880
Gar Pkg: Other
Interior Features: Ceiling Fan(s)
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Size: 0.05
Lot Size Units: Acres
Acres: 0.05
Lot Sqft: 2178
Irrigation Water Rights: No
Security Features: Fire Sprinkler System
Mobile Home Remains: No
Property Type: B
Stories: 3
Foundation: Slab
Exterior: Wood Siding
Roof: Architectural
Property Subtype: No
Building Area Units: Square Feet
Special: Flood Insurance
Home Warranty: No
Habitable Residence: No
Structure Type: Triplex
Beds: 6
Sold Date: 2025-12-08T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Unit Sqft: 1,805
Unit Sqft: 730
Unit Sqft: 510
Sqft: 3195
Number of Units Total: 3
Unit: Abc
Unit Bedrooms: 4
Unit Bedrooms: 2
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Central, Heat Pump
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Courtesy of listing office King and Society Real Estate