132 Spring Street, Charleston, SC 29403

$3,150,000
4
BD
3.5
BA
4,074
SqFt
List Price
$3,150,000
Status
Active
MLS#
25000117
Price Change
▼ $200,000 1749409394
Year Built
1940
Style
Traditional
Living Area
4,074
Bedrooms
4
Bathrooms
3.5
Full-baths
3
Half-baths
1
Subdivision
Elliotborough
Acres
0.07

Property Description

Located on a highly visible corner in the heart of downtown Charleston's Elliotborough hospitality and short-term rental overlay, 132 Spring Street is a flagship mixed-use property offering endless opportunities and upside investment potential. There is an amazing commercial/restaurant/retail space on the ground floor (currently leased). Two fully renovated residential units each have their own private entrance, original hardwood flooring and beautifully high ceilings. Unit B is located on the second floor and offers one bedroom and one bathroom with a beautifully appointed kitchen and living area. Unit D is a spacious and beautifully renovated three-bedroom, two-bathroom apartment with a grand living space and kitchen on the second floor and bedrooms located on the third floor. Both residential units stay consistently booked with short term renters due to the ideal location, inherent charm and extremely appealing living space to enjoy. Since completion of the building's full high-end renovation in 2016, 132 Spring Street has offered numerous avenues of stable, solid revenue year after year. The property also includes two off-street parking spaces along Ashley Avenue. Financials/numbers on short-term rental history available upon request.

Additional Information

Levels
3 Stories
Lot Description
0 - .5 Acre
Interior Features
Ceiling Fan(s)
Construction
Brick Veneer, Wood Siding
Roof
Metal
Heating
Central, Ductless
Foundation
Slab
Parking
Off Street, Other
Elementary School
Mitchell
Middle School
Simmons Pinckney
High School
Burke

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bradley Thompson from Listing Office: William Means Real Estate, LLC.