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    109 - 117 Spring St

    Charleston, SC 29403
    • $8,500,000
    • STATUS: Active
    • ON SITE: 473 Days
    • MLS #: 30623127
    $8,500,000
    • 0
      BEDS
    • 0.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Description

    The current opportunity presents a variety of development opportunities otherwise unavailable in downtown Charleston, SC just two blocks from historic King Street. With a comfortable and safe urban setting built for the upscale shopper, tourist or local, Spring Street has become the most unique and vibrant corridor in downtown Charleston, SC. This unique portfolio of contiguous parcels is located in Charlestons Short-Term Overlay District, which accounted for more than half of all short-term rentals in the state of South Carolina in 2018. Additionally, Charleston, SC in recent years has been recognized as a top wedding destination and consistently sees strong wedding-related activity tourism primarily in the Downtown region. Consequently, the portfolio is one door down from Cannon Green, one of downtown Charlestons premier wedding and event spaces, which would provide a strong opportunity to form a built-in customer base for both hotel and/or short-term rental uses.The accompanying feasibility study provided by local firm LS3P Architects shows a variety of options for a true mixed-use development, featuring retail, hotel, multi-family and short-term rental uses with the required parking.Please call for details!

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    www.searchcharleston.com/homes/107656852
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    109 - 117 Spring St Charleston, SC 29403

    • Price: $8,500,000
    • Status: Active
    • MLS #: 30623127
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.71
    Acres
    Neighborhood:
    Charleston Peninsula - Below Crosstown
    County:
    Charleston
    Area:
    Charleston Peninsula - Below Crosstown
    Property Description
    The current opportunity presents a variety of development opportunities otherwise unavailable in downtown Charleston, SC just two blocks from historic King Street. With a comfortable and safe urban setting built for the upscale shopper, tourist or local, Spring Street has become the most unique and vibrant corridor in downtown Charleston, SC. This unique portfolio of contiguous parcels is located in Charlestons Short-Term Overlay District, which accounted for more than half of all short-term rentals in the state of South Carolina in 2018. Additionally, Charleston, SC in recent years has been recognized as a top wedding destination and consistently sees strong wedding-related activity tourism primarily in the Downtown region. Consequently, the portfolio is one door down from Cannon Green, one of downtown Charlestons premier wedding and event spaces, which would provide a strong opportunity to form a built-in customer base for both hotel and/or short-term rental uses.The accompanying feasibility study provided by local firm LS3P Architects shows a variety of options for a true mixed-use development, featuring retail, hotel, multi-family and short-term rental uses with the required parking.Please call for details!
    Exterior Features

    Land Size Min 0.710 Land Size Units Acre

    Property Features

    Property Status Existing Property Sub Type Duplex/FourplexLow-Rise/GardenMixed UseStudent HousingOther Property Type Multi-Family Sale Price Min 8500000.00 Title Unique Spring Street Development Opportunity

    Listing courtesy of Lee & Associates - Charleston.
     
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    The Infinity Group ~ Keller Williams Realty
    1180 Sam Rittenberg; Suite 105
    Charleston SC, 29407