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
132 Spring Street, Charleston, SC 29403- MLS# 25000117
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