Commercial Sale Multi-Unit Residential STR Property for Sale

254 Saint Philip St, Charleston, SC 29403

  • For Sale $3,995,000
  • Property Type Multi-Family
  • Property Size 3,504 SF
  • Additional Rent Contact for pricing
  • Year Built 1852
  • Year Renovated 2024
  • Date Updated Nov 16, 2024
Investment STR Opportunity in Historic District Downtown Charleston - Unlock the doors to a lucrative investment opportunity with Two brand new luxury Multi-Family Residential STR buildings For Sale. Set for completion in September 2024 located in the highly coveted Short Term Rental Accommodations Overlay District. Front Unit A is two story, fully remodeled in 2024 with 5 bedrooms and 5 bathrooms in approximately 1652 SF. Rear Unit B is brand new construction and is approx. 1852 SF and is also two story and offers 5 bedrooms, 5 bathrooms with a roof top deck on the third floor. Both units are on one lot, built with the highest quality craftsmanship, this property offers luxury finishes with modern fixtures, can sleep up to 16 plus guests and all furnishings and bookings convey at closing. Have the option to live in one unit and short term rent the other for a generous financial benefit or short-term rent both properties and maximize your income return on your investment. This property is new construction and will be fully compliant for STR. The property will be licensed upon completion and operating upon renovations being completed. The building features 4 off-street parking spaces and consists of two distinct units both equipped with brand new plumbing, electrical systems, drywall, appliances, and lighting. Don't miss out on this unique property that combines historical allure with contemporary functionality and profitability. Although the property may have been previously fully licensed and operating, the newly renovated floor plan and financials may differ upon remodel completion. Financials available upon request. All photographs of the renderings are illustrative and final finishes and/or colors are subject to change. Call listing agent for showing availability.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Kristen Krause

Coldwell Banker Commercial Atlantic

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise
  • Transit Score ®

    49/100 Some Transit
  • Bike Score ®

    75/100 Very Bikeable
Powered by Walk Score ®
  • City Charleston, SC
  • Neighborhood Cannonborough - Elliottborough
  • Zip Code 29403
  • Market Charleston

Points of Interest

  • Charleston

    6.39 miles

  • Exxon

    0.38 miles

  • Shell

    0.80 miles

  • BP

    1.16 miles

  • Circle K

    2.72 miles

  • Clair's Service Station

    2.99 miles

  • Fuel Express

    3.17 miles

  • Scotchman

    3.17 miles

  • Parker's

    3.31 miles

  • AAA

    4.95 miles

  • ChargePoint

    6.93 miles

  • Camden Garage

    0.65 miles

  • St. Philip Street Parking Garage

    0.69 miles

  • Marion Square Garage

    0.73 miles

  • MUSC Lot

    0.84 miles

  • Library Parking Garage

    0.88 miles

  • Holiday Inn Express Parking

    0.88 miles

  • George Street Garage

    0.94 miles

  • Aquarium Parking

    1.00 miles

  • Marriott Parking

    1.06 miles

  • Parking Garage

    1.07 miles

  • Hyatt House

    0.26 miles

  • Hyatt Place Charleston/Historic District

    0.26 miles

  • NotSo Hostel Annex

    0.29 miles

  • Holiday Inn Charleston Historic Downtown

    0.36 miles

  • 86 Cannon Historic Inn

    0.37 miles

  • Homewood Suites by Hilton Charleston Historic District

    0.37 miles

  • NotSo Hostel

    0.53 miles

  • Hampton Inn & Suites

    0.65 miles

  • Hotel Bennett

    0.69 miles

  • Embassy Suites

    0.70 miles

  • Barsa Tapas Lounge & Bar

    0.09 miles

  • D'Allesandro's Pizza

    0.11 miles

  • Juliet

    0.12 miles

  • Neon Tiger

    0.12 miles

  • Trattoria Lucca

    0.20 miles

  • Uptown Social

    0.24 miles

  • Church's Texas Chicken

    0.25 miles

  • Church's Chicken

    0.25 miles

  • Leon's

    0.25 miles

  • The Grocery

    0.27 miles

  • Mitchell Math and Science Elementary School

    0.20 miles

  • Immaculate Conception School

    0.33 miles

  • Archer School

    0.37 miles

  • Sacred Heart School

    0.39 miles

  • Simonton School

    0.44 miles

  • Rhett School

    0.47 miles

  • Trident Technical College

    0.48 miles

  • James Simons Elementary School

    0.48 miles

  • Courtenay School

    0.50 miles

  • Charles A Brown High School

    0.51 miles

  • Nia Infant, Toddler, and Child Development

    5.51 miles

  • Toddler's Academy & Preschool

    5.81 miles

  • The Goddard School

    9.89 miles

Frequently Asked Questions

How much does Commercial Sale Multi-Unit Residential STR Property for Sale cost?

The space currently listed for sale at Commercial Sale Multi-Unit Residential STR Property for Sale asks for $3,995,000.

What is the total square footage of Commercial Sale Multi-Unit Residential STR Property for Sale?

Commercial Sale Multi-Unit Residential STR Property for Sale totals 3,504 square feet.

When was this property built?

Commercial Sale Multi-Unit Residential STR Property for Sale was built in 1852.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Kristen Krause

Coldwell Banker Commercial Atlantic