162 SPRING STREET, CHARLESTON, SC 29403
162 Spring Street
Charleston, SC 29403
$5,300,000
Beds:
12
Baths:
10
Sq. Ft.:
5,881
Type:
House
Listing #26014869
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 Features
County:
Charleston
MLS Area:
51 - Peninsula Charleston Inside of Crosstown
Latitude:
32.789181
Longitude:
-79.950602
Subdivision:
Cannonborough-Elliotborough
Directions:
.
Approximate Size (Sq. Ft.):
5,881
Interior:
Ceiling Fan(s)
Has Fireplace:
No
Heating:
Central, Electric, Natural Gas
Style:
Contemporary
Construction:
Vinyl Siding
Roof:
Metal
Sewer:
Public Sewer
Water:
Public
Utilities:
Charleston Water Service, Dominion Energy
Security Features:
Fire Sprinkler System
Garage Spaces:
0
Lot Size in Acres:
0.22
Elementary School:
James Simons
Middle School:
Simmons Pinckney
High School:
Burke
Property Type:
SFR
Property SubType:
Single Family Detached
Year Built:
1880
Status:
Active
Complex Name:
Cannonborough-Elliotborough
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Listing Courtesy of Premier Realty
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Information on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of the search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Information deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
CHS Regional MLS data last updated at May 31, 2026, 8:13 PM ET
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