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162 Spring Street

Charleston, SC 29403

$5,300,000 $22,345/Mo

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Overview

Bed

Bath

5,881

Sqft

0.22

Acre(Lot)

Description

Looking for that perfect investment property? Look no further than 162 Spring Street: a turnkey investment asset featuring twelve bedrooms, ten bathrooms, seven off-street parking spaces, and a triple-net-leased restaurant in the heart of Charleston's STR overlay. On pace for over $400,000 in gross revenue! Approximately 5,881 square feet across three separate buildings. All furniture and fixtures included in the sale . The property transfers with a proven rental revenue history and a sitting commercial tenant.The front building includes two, 2BR/2BA STR-licensed condos positioned behind a fully leased NNN commercial space. (Three units total)The middle building is a 4BR/3BA single-family home built in 2018.The perfect house to own downtown, that doesn't come with the deferred maintenance of a 100 year old historic home.The last building on the property is another 4BR/3BA home of matching construction vintage, equally equipped for short-term rental performance. Cannonborough-Elliotborough is the most-watched submarket on the peninsula -- Michelin-starred operators (Vern's, Chez Nous), independent retail along Spring and Upper King, and a guest demographic that skews higher-income and longer-stay than the City Market tourist corridor. The opportunity to acquire four fully licensed and operating short-term-rentals PLUS a restaurant space is a rare find here in Charleston.

Property Details

Property Type : Residential

Price : $5,300,000

AD Id : 79119187

MLS Id : 26014869

Beds : 12

Lot Size : 0.22 Acre

Living Area Size : 5,881

Year Built : 1880

County : Charleston

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Full Baths: 10
Roofing Information

Metal
Interior Features

Ceiling Fan(s) Roof: Metal
Heating & Cooling

Heating: Central, Electric, Natural Gas WaterSource: Public

Building Information

Year Built: 1880 Construction Materials: Vinyl Siding Security System: Fire Sprinkler System

Lot Information

Lot Size Area: 0.22 Lot Size Units: Acres Lot Square Feet: 9,583 Lot Acres: 0.22 Stories: 2 Main Square Feet: 0.22

Property Information

Property Type: Residential Sub Type: Single Family DetachedStyle: Contemporary Subdivision: Cannonborough-Elliotborough

Elementary School: James Simons

Junior High School: Simmons Pinckney

Senior High School: Burke
Utility Information

Charleston Water Service, Dominion Energy
Location Information

Direction: .

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
69 Washington Street, Charleston, SC, 29403	$899,000	5	3	2,423	2,423 SqFt
3 Elizabeth Street, Charleston, SC, 29403	$975,000	4	2	2,216	2,216 SqFt
2 Henrietta Street, Charleston, SC, 29403	$1,495,000	3	3.5	1,914	1,914 SqFt
41 Chapel Street, Charleston, SC, 29403	$1,995,000	4	2.5	2,400	2,400 SqFt
44 Charlotte Street #D, Charleston, SC, 29403	$975,000	2	1.5	1,238	1,238 SqFt
645 E Bay Street, Charleston, SC, 29403	$1,395,000	--	--	--
47 Drake Street, Charleston, SC, 29403	$625,000	3	2	1,150	1,150 SqFt
15 Judith Street #E, Charleston, SC, 29403	$1,185,000	2	3.5	1,680	1,680 SqFt
16 Amherst Street, Charleston, SC, 29403	$785,000	3	3	1,190	1,190 SqFt
Street, Charleston, SC, 29403	$1,145,000	6	4.0	1,956	1,956 SqFt

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ByOwner last updated this listing 06/10/2026 @ 07:03

MLS: 26014869 LISTED BY: Mason Wright, Premier Realty SOURCE: CHS Regional MLS