240 Calhoun Street, Charleston, SC 29401
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240 Calhoun Street, Charleston, SC 29401

$2,074,999

STATUS: For Sale MLS #: 24006206 Days on Market: 47
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1 - 8 Schools in 29401

Name
Address
Phone
Type
Grade
15 Archdale StCharleston, SC 29401
(843) 377-0315
Private
1 - 8
56 Halsey BlvdCharleston, SC 29401
(843) 723-0664
Private
1 - 8

KG - 08 Schools in 29401

Name
Address
Phone
Type
Grade
103 Calhoun StreetCharleston, SC 29401
(843) 724-7750
Public
KG - 08

PK - 06 Schools in 29401

Name
Address
Phone
Type
Grade
20 Beaufain StreetCharleston, SC 29401
(843) 724-7778
Public
PK - 06

PK - 12 Schools in 29401

Name
Address
Phone
Type
Grade
48 Meeting StCharleston, SC 29401
(843) 722-6646
Private
PK - 12

Welcome to a truly unique and enchanting property, perfectly blending history and modern convenience in the heart of the city. This exceptional work/live space offers a rare opportunity for entrepreneurs and residents alike to immerse themselves in a vibrant, bustling urban setting. Step into a captivating retail space on the first floor, currently home to a charming flower shop. The client-focused storefront invites patrons with its irresistible charm. This level features a thoughtfully designed layout including a bathroom, a private back-of-house workspace, ample storage, and a versatile office space. Ascend to the second floor, where you'll discover a delightful 3-bedroom, 2-bathroom dwelling.This living space exudes historic charm, boasting hardwood floors, high ceilings, and fireplaces that harken back to a bygone era. Modern updates seamlessly integrate with the historic character, offering a kitchen adorned with granite countertops, a stylish tile backsplash, and bathrooms showcasing tiled showers. Convenience is key with a dedicated laundry room on the first floor. Indulge in the picturesque Lowcountry weather on two levels of piazzas that provide breathtaking views of the cityscape. The fenced backyard, a private sanctuary, features a patio and a greenhouse/shed for the avid gardener or hobbyist. A rarity in the city, this property comes complete with an adjacent parking lot offering 12 spaces. The current owner has strategically rented out 8 parking spaces, creating an attractive income stream for the savvy investor. This historic work/live property is a testament to the city's rich past, seamlessly blending commercial and residential spaces for a truly unparalleled living experience. Don't miss the chance to make this distinctive property your own - a perfect fusion of history, functionality, and income potential. This property is located in the heart of downtown Charleston, just blocks away from fantastic restaurants, shops, and the medical district. It is 1 mile from Publix, 1.5 miles from the Battery, and 10.5 miles from Charleston International Airport. *The business located on the first floor is also for sale. That transaction is being facilitated outside of this listing transaction.*

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Listing Provided by Matt O'Neill Real Estate
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Address: 240 Calhoun Street
City: Charleston
State: SC
Zip: 29401
County: Charleston

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 24006206
List Price: $2,074,999
Bedrooms: 3
Full Baths: 2
Half Baths: N/A
Total Square Feet: 22192
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
Subdivision:
Home Style:
Year Built: 1900
Days On Market: 47
Lot Size: 0.0800 acres
Outdoor & Yard Description:
Ceiling Fan(s)
Entrance Foyer
Laundry Room
Family
Separate Dining
Family Room
One
0 - .5 Acre
Ceiling - Smooth
Wood
Charleston Single
Other (Use Remarks)
Ceiling Fan(s)

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