132 Spring Street, Charleston, SC 29403
$3,495,000
Property Type:
Residential
Bedrooms:
4
Baths:
3.5
Square Footage:
4,074
Lot Size (sq. ft.):
3,049
Status:
Active
Current Price:
$3,495,000
List Date:
1/02/2025
Last Modified:
1/02/2025
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
Supplements: 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.
More Information MLS# 25000117
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2025-01-02
Status: Active
List Price: $3,495,000
Current Price: $3,495,000
Location Tax Legal
Tax Map #: 4601102051
Street #: 132
Street Name: Spring
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Elliottborough
Elementary School: Mitchell
Middle School: Simmons Pinckney
High School: Burke
Directions: Building is located at the corner of Spring and Ashley Streets in Downtown Charleston.
General Property Info
Bedrooms: 4
Primary Bedroom – Main Level: No
Baths - Full: 3
Baths - Half: 1
Baths - Total: 3.5
Stories: 3
Primary Structure Apx SqFt: 4074
Year Built: 1940
Acreage: 0.07
Other Structures Y/N: No
Potential Short Sale: No
Occupancy: Leased
Lease Purchase: No
HOA Fee: No
Property Features
SqFt Source: Hired Measurement; Tax Records
SF Detached Style: Traditional
Lot Description: 0 - .5 Acre
Roof: Metal
Exterior: Brick - Veneer; Wood Siding
Foundation: Slab
New Owned: Pre-Owned
Cooling: Ductless; Heat Pump
Heat: Central; Ductless
Possession: At Closing; Negotiable; Tenants Rights
Utility Suppliers: Charleston Water Service; Dominion Energy
Amenities: Bus Line; Cable TV; Trash
Proposed Financing: Cash; Conventional Loan
Assumable: No
Documents
Listing Office: William Means Real Estate, LLC
Last Updated: January - 02 - 2025
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