171 Spring

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.

Essential Information

  • MLS® #25025976
  • Price$1,995,000
  • Bedrooms6
  • Square Footage3,195
  • Acres0.05
  • Year Built1880
  • TypeResidential Income
  • StatusActive

Community Information

Amenities

  • Garage Spaces0
  • ParkingOther

Interior

  • InteriorCeiling Fan(s)
  • HeatingCentral, Heat Pump
  • CoolingCentral Air
  • Stories3

Exterior

  • RoofArchitectural
  • ConstructionWood Siding

School Information

  • ElementaryJames Simons
  • HighBurke

Additional Information

Listing Details

  • OfficeKing and Society Real Estate

LISTED BY King and Society Real Estate, (843) 388-4674