11 George Street, Charleston, SC 29401

$3,410,000
10
BD
6
BA
6,017
SqFt
Sold Price
$3,410,000
List Price
$3,495,000
Status
Closed
MLS#
17023135
Closing Date
Nov 14, 2017
Year Built
1813
Style
Charleston Single, Live/Work
Living Area
6,017
Bedrooms
10
Bathrooms
6
Full-baths
6
Subdivision
Ansonborough
Master Bedroom
Ceiling Fan(s), Garden Tub/Shower, Multiple Closets, Walk-In Closet(s)
Acres
0.27

Property Description

Step inside the City Centre Inn, a 6,000+ sq. ft. property in the heart of downtown in Charleston's historic Ansonborough neighborhood, that boasts four licensed guest suites in addition to the owner's quarters. Built in 1813 and known as The Mary Scott House, this home has recently undergone extensive renovations by the owners and is currently operated as a legal Bed and Breakfast. This exquisite property is zoned STR and features a large parking lot in the rear with up to 10 parking spaces. City Centre Inn is just a short walk from the best restaurants, shops, and entertainment downtown Charleston has to offer. This is an opportunity that does not come up often, to take over a successful business while living in the heart of the number one city in the world. The first floor carriage house Mod Suite with its exposed brick walls and wide framed windows includes a spa-like renovated bathroom and kitchen as well as a private outdoor seating area adjacent to the private entrance. The second floor carriage house just above the Mod Suite is known as the MacKenzie Suite and includes a bedroom, sizable open living room, and full kitchen, as well as a newly updated spa-like bathroom with dual vanity sinks and a spacious glass doored shower. The suite enjoys a private entrance with outdoor seating and has newly installed centralized air conditioning and heating. The third suite, also on the first floor, is known as the Coastal Suite and boasts two historic fireplaces that add so much character and charm to the space, anchored by a large bedroom, living room and kitchen, as well as an outdoor porch. This suite will currently sleep three guest with its comfortable living space that features a day bed. The newly designed and renovated spa-like bathroom features a marble top double vanity and spacious river rock tile shower. The second story Mary Scott Suite offers ten foot ceilings, original hardwood floors and a charming historic fireplace. Its beautifully updated bathroom features marble countertops, glass doored shower, and private toilet area surrounded by exposed brick. A small breakfast bar and library kitchenette sits among built-in cabinets and a small seating area, the perfect perch from which to enjoy a cup of coffee and the morning paper. The spacious bedroom offers a large sitting area. Venture onto the second floor piazza to take in its views of the neighborhood from the relaxing chaise or hammock. The suite enjoys a private entrance and has newly installed centralized air conditioning and heating. The newly renovated owner's suite is a very inviting and stunning area of the property. The large quarters feature a gorgeous kitchen with top of the line appliances, bar stool seating with a beautiful granite island, walk-in pantry, and rustic exposed beams. Owners will enjoy a formal dining room, formal living room with soaring ceilings, and a comfortable family room with lots of natural light from the double doors opening to the full porch balcony. A freshly renovated full bathroom also accompanies the first floor of the owners suite. Upstairs you will find the master bedroom, large spa-like bathroom, and an enormous walk-in closet designed like a personal dressing room. The owner's suite also has access to a private porch area on the second floor. This rare opportunity to own a successful Bed and Breakfast business in Charleston's coveted Ansonborogh historic neighborhoods is not to be missed. Easily recognized, the ways to generate higher income are endless. The Coastal Suite could consist of another finished bedroom to sleep additional guests. This room is currently being used for storage, but there is plenty of storage space throughout the property. The Mary Scott suite could also become a two to four bedroom suite. The second optional bedroom is already in place but is currently being used as a formal living room for the owner's' quarters. There are two dormer rooms on the third floor of this suite currently being used for storage. Adding just two more bedrooms total to the property would be a fantastic way to accommodate more guests ultimately increasing revenue. The property has a "little house" in the rear that is currently unfinished on the interior and used as storage. The exterior has been freshly updated and features a new roof. This could potentially be another option for increasing revenue. These smoke free and pet free guest suites include room for ten spacious on-site off-street parking spaces. A short walk or pedi cab ride to all of the peninsula's best restaurants, shopping, and performing arts venues, this home's unique layout offers investors a revenue generating property in Travel + Leisure magazine's #1 city in the world. Sale includes fully furnished suites with exception of a few personal items. Property is located in an X flood zone.

Additional Information

Levels
3 Stories, Split-Level
Lot Description
High
Interior Features
Beamed Ceilings, Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Family, Formal Living, Entrance Foyer, In-Law Floorplan, Pantry, Separate Dining, Sun
Construction
Stucco
Floors
Other, Wood
Roof
Architectural, Metal, Slate
Heating
Forced Air
Foundation
Crawl Space
Parking
1 Car Carport, Off Street
Elementary School
Memminger
Middle School
Simmons Pinckney
High School
Burke

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kalyn Harmon from Listing Office: William Means Real Estate, LLC.

Selling Office: Trimble Private Brokerage.