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651 King Street

Charleston, SC 29403
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Bed 5

Bed

Bath 0

Bath

SqFt4,253

Sqft

Acres0.05

Acre(Lot)

A rare opportunity to own a newly constructed mixed-use investment property in the heart of Charleston's rapidly growing Upper King Street corridor. Completed in 2024, 651 King Street offers approximately 4,253 square feet across three stories, featuring a fully operational 5 bed, 4.5 bath luxury short-term rental on the upper floors and a ground-floor commercial space occupied by Steep Me Tea Apothecary under a long-term NNN lease. The upper-level accommodation delivers a premium guest experience with upscale finishes, spacious gathering areas, and a rooftop terrace overlooking one of Charleston's most vibrant commercial districts. The property benefits from its location within the highly sought-after Cannonborough-Elliotborough STR Overlay, one of the few areas on the peninsula where com mercial short-term rentals are permitted. Positioned on the prominent corner of King and Line Streets, the property sits directly adjacent to Courier Square, a transformative $500M+ mixed-use redevelopment that continues to reshape this section of downtown Charleston with luxury residential, retail, office, hospitality, and public gathering spaces. Additional nearby growth drivers include Greystar's global headquarters, MUSC, WestEdge, the College of Charleston, and numerous new residential and commercial developments. The ground-floor commercial space was purpose-built for restaurant or retail use and includes restaurant infrastructure such as a grease trap and designated hood location. Combining stable commercial income with the upside of Charleston's thriving luxury hospitality market, this turnkey asset presents a unique opportunity to acquire a modern, income-producing property in one of the city's most supply-constrained and rapidly appreciating locations.

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Detail Ic Property Details

Property Type : Residential Income

Price : $4,695,000

AD Id : 85518545

MLS Id : 26017763

Beds : 5

Lot Size : 0.05 Acre

Living Area Size : 4,253

Year Built : 2024

County : Charleston

Subdivision: Cannonborough

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Map

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Feature Features

  • Roofing Information

    Metal
  • Interior Features

    Ceiling Fan(s) Roof: Metal Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating & Cooling

    Heating: Natural Gas Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 2024 Construction Materials: Block/Masonry, Brick Veneer
  • Exterior Features

    Foundation Details: Slab

  • Lot Information

    Lot Size Area: 0.05 Lot Size Units: Acres Lot Square Feet: 2,178 Lot Acres: 0.05 Stories: 3 Main Square Feet: 0.05

    Property Information

    Property Type: Residential Income Structure Type: Duplex, Other Subdivision: Cannonborough

  • Parking Information

    Other

  • Elementary School: James Simons
    Junior High School: Simmons Pinckney
    Senior High School: Burke
  • Utility Information

    Charleston Water Service, Dominion Energy
  • Location Information

    Direction: North West Corner Of King And Line Streets
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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
9 Lapp's Court, Charleston, SC, 29403 $899,900 3 2.5 1,502 1,502 SqFt

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ByOwner last updated this listing 06/23/2026 @ 01:12

MLS: 26017763 LISTED BY: Jonathan Holt, Keller Williams Realty Charleston West Ashley SOURCE: CHS Regional MLS

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