Featured Listing

Property Type: MultiFamily Square Footage: 5,112 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $4,100,000 List Date: 5/24/2025 Last Modified: 8/26/2025

Overview

Description

Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property. With legacy ''Hotels and Motels'' zoning—confirmed by the City—this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances.

Supplements: The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning. Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a sho ...

Listing Details MLS# 24029986

Location, Tax & Legal

Tax Map #
4601201081
Street #
44
Street Name
Morris
Street Suffix
Street
County
Charleston
State
SC
Zip Code
29403
Area
51 - Peninsula Charleston Inside of Crosstown
Tax District
71 - City of Charleston
Subdivision
Cannonborough-Elliotborough
Elementary School
Memminger
Middle School
Courtenay
High School
Burke
Directions
Take Coming St. past Calhoun. House is on the corner of Morris and Coming St.
Legal Description
LOT 4 AND PART 5

Contract Info

MLS List Date
2024-12-03
Primary Structure List Price/SqFt
821.6

General Property Info

Number of Units
4
Primary Structure Apx SqFt
5112
Year Built
1875
Acreage
0.16
Potential Short Sale
No
Other Structures Y/N
No

Status Change Info

Sold Date
2025-08-25
Sold Price/SqFt
802.03
New Mortgage Type
Conventional

Unit 1

SqFt
1900

Unit 2

SqFt
1700

More Information

Unit 3

SqFt
756

Unit 4

SqFt
756

Office/Member Info

Seller Concessions Negotiable Y/N
Yes

SqFt Source

Builder/Owner
Yes

Roof

Metal
Yes

Exterior

Wood Siding
Yes

Attic Features

Access
Yes

Foundation

Crawl Space
Yes
Slab
Yes

Garage/Parking

Other (Use Remarks)
Yes

Driveway

Concrete
Yes

Architectural Style

Condominium
Yes
Quadplex
Yes

New Owned/Pre-owned

Pre-Owned
Yes

Equipment/Appliances

Ceiling Fan
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Dryer Hookup
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Security System
Yes
Stacked Washer/Dryer
Yes
Washer
Yes
Washer Hookup
Yes

Cooling

Central Air
Yes

Heat

Central
Yes
Heat Pump
Yes

Amenities

Bus Line
Yes
Cable TV
Yes
Laundry
Yes
Trash
Yes

Proposed Financing

Any
Yes

Tenant Pays

No Utilities
Yes

Possession

At Closing
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Utility Suppliers

Charleston Water Service
Yes
Dominion Energy
Yes

Property Features

SqFt Source: Builder/Owner Roof: Metal Exterior: Wood Siding Attic Features: Access Foundation: Crawl Space; Slab Driveway: Concrete Architectural Style: Condominium; Quadplex Cooling: Central Air Heat: Central; Heat Pump Amenities: Bus Line; Cable TV; Laundry; Trash Tenant Pays: No Utilities Proposed Financing: Any Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy
Listing Office: The Exchange Company, LLC
IDX
Last Updated: August - 26 - 2025
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