$2,600,000 | 7 beds | N/A full baths | N/A half baths | 6,099 sqft
Charleston, SC 29403
- 7Beds
- N/AFull Baths
- N/AHalf Baths
- 6,099SqFt
- 1855Year Built
- 0.12Acres
- MLS# 20011384
- Multi Family
- Sold
- Approx Time on Market2 months, 1 day
- AreaHistoric Charleston
- CountyCharleston
- Subdivision Cannonborough
Overview
A unique investment property in the heart of Downtown Charleston! Located in the legal short-term rental overlay district, this property boasts a total of 3 units including a restaurant that could be subdivided into 2 separate commercial units, 2 separate apartments, and 7 leased, designated off-street parking spaces (with potential for 13 additional spots at the corner). The ground level contains the restaurant that is made up of a large kitchen (complete equipment list in MLS docs in ''Marketing Packet''), 2 dining areas, a bar, 3 bathrooms, office & storage space and an outdoor courtyard. This space can be subdivided into 2 separate commercial units.The 2nd, 3rd, & 4th floors make up the 2 separate apartments. The 2nd floor is home to unit B, a 3 bed/2 bath/1,194 sq ft unit wiprivate covered balcony. There are currently 7 dedicated parking spaces (leased by current owners for $1,000/mo) that are used for the current tenants & restaurant owner and there is potential to lease an additional ~13+ spaces at the corner lot (avail. for ~$2,250/mo. See Marketing Packet for additional info in MLS docs).Located in a prime Downtown location, this building is within walking distance to restaurants, parks, schools, museums, fitness, MUSC and all that the Peninsula has to offer! Schedule a showing today!
Sale Info
Listing Date: 04-29-2020
Sold Date: 07-01-2020
Aprox Days on Market:
2 month(s), 1 day(s)
Listing Sold:
5 Year(s), 11 month(s), 15 day(s) ago
Original Asking Price: $2,600,000
Asking Price: $2,600,000
Selling Price: $2,000,000
Price Difference From Original:
Reduced By $600,000
Price Difference From Asking:
Reduced By $600,000
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Community Features: Bus Line
Bathroom Info
Building Info
Year Built: 1855
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 0.12
Lot Size Units: Acres
Acres: 0.12
Lot Sqft: 5227.2
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: B
Stories: 4
New Construction: No
Roof: Metal
Building Area Units: Square Feet
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Other
Room Info
Beds: 7
Sale / Lease Info
Sold Date: 2020-07-01T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft Info
Unit Sqft: 2,234
Unit Sqft: 1,194
Unit Sqft: 2,504
Sqft: 6099
Unit Info
Number of Units Total: 3
Unit Bedrooms: 4
Unit Bedrooms: 3
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, Dominion Energy
Heating: Yes
Heat: Forced Air
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront / Water
Waterfront: No
Directions
Crosstown To Rutledge Avenue Towards Calhoun. Home On Right At Corner Of Rutledge & CannonCourtesy of listing office Keller Williams Realty Charleston
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Premier Properties Charleston are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 06-15-2026 11:52 PM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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