Address109 - 117 Spring St, Charleston, SC, 29403

Price$8,500,000

  • Commercial Sale

    The current opportunity presents a variety of development opportunities otherwise unavailable in downtown Charleston, SC just two blocks from historic King Street. With a comfortable and safe urban setting built for the upscale shopper, tourist or local, Spring Street has become the most unique and vibrant corridor in downtown Charleston, SC. This unique portfolio of contiguous parcels is located in Charleston’s Short-Term Overlay District, which accounted for more than half of all short-term rentals in the state of South Carolina in 2018. Additionally, Charleston, SC in recent years has been recognized as a top wedding destination and consistently sees strong wedding-related activity tourism primarily in the Downtown region. Consequently, the portfolio is one door down from Cannon Green, one of downtown Charleston’s premier wedding and event spaces, which would provide a strong opportunity to form a built-in customer base for both hotel and/or short-term rental uses. The accompanying feasibility study provided by local firm LS3P Architects shows a variety of options for a true mixed-use development, featuring retail, hotel, multi-family and short-term rental uses with the required parking. Please call for details!

    Essential Information

    • MLS® #30623127
    • Price$8,500,000
    • Acres0.71
    • TypeCommercial Sale
    • StatusActive

    Community Information

    • Address109 - 117 Spring St
    • CityCharleston
    • CountyCharleston
    • StateSC
    • Zip Code29403

    Area

    Peninsula Chas. inside of crosstown

    Office

    Lee & Associates - Charleston

    Listing Details

    Charleston Trident Association of Realtors Logo 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 NV Realty Group 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.

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