MLS ID: 26026686
For Sale - $2,500,000

About this property

Bedrooms 4
sq2 2451
Lot Size 0.2200 acres
Year Built 1880
DOM 7

Address

Address:
162 Spring Street
Zip Code:
29403
County:
Charleston
State:
SC

Features and Amenities

Cooling
Central Air
Roof
Metal
Laundry Features
Washer Hookup, Electric Dryer Hookup
Interior Features
Ceiling Fan(s)
Utilities
Charleston Water Service, Dominion Energy
Other
Central, Other

Description

162 Spring St A,B,C is a fully operating STR /Short Term Rental and Restaurant Downtown Charleston. This Multi-Use, Commerical Zoned, Income Producing, HPR Building located in the Accommodations Overlay District offers 3 Units with 4 off street parking spaces. Two(2)Income-Producing Residential STR Units and One (1) Restaurant with current lease terms that will convey. This front building includes two fully updated residences. Unit A and B are each 2BR/ 2BA condo-style upstairs units. The restaurant is a very successful business and current lease remains as a current NNN Lease Term. Whether you're an investor seeking high-performing income producing STR short-term rental potential, a buyer looking to live in one unit while generating income from the other, or someone building a portfolioof diverse downtown assets, this opportunity delivers exceptional value, flexibility, and upside. Zoned to allow short-term rentals with proper licensure and fully compliant with all city regulations, this property stands out as a turn-key, multi-use gem that's ready to produce from day one. Both Unit A and Unit B sit at the front of the lot, upstairs and each unit is a stylish 2-bedroom, 2-bathroom residence blending classic Charleston architecture with modern convenience. Offered fully furnished and thoughtfully designed for either personal use or STR occupancy, this unit features an open-concept layout with hardwood floors, abundant natural light, and a designer kitchen with granite countertops and stainless steel appliances. Each bedroom enjoys privacy and comfort, complete with ensuite bathrooms an ideal configuration for couples, friends, or vacationing guests. With a strong rental history and low-maintenance setup, Unit A,B and C is a perfect addition to any investor's portfolio or a cozy home base in the city with built in income return on your investmentFor investors, the setup of this property with 2 condo-style STR units and a Income producing Restaurant offers a unique ability to generate income from two very different renter profiles while sharing the benefits of a single HPR parcel. The ability to operate both units as short-term rentals, if desired, is an enormous advantage that sets this property apart in a market where zoning compliance is critical and increasingly rare. Whether you want to maximize short-term rental income, live in one unit while renting the other, or simply hold an appreciating asset in a prime growth corridor, 162 Spring Street A,B &C is a smart and strategic acquisition. Opportunities like this are increasingly rare in Charleston especially properties that are move-in ready, STR eligible, and offer true Multi-Use flexibility in a high-demand location. Don't miss your chance to own a piece of downtown that earns while it appreciates.Please do not disturb current tenants. Call Listing agent for all details. Unit A,B,C D, and E can be purchased combined for $5,600,000. see MLS for listing.

Schools

Name Address Phone Type Grade
Burke High 244 President Street 8435794815 Public 9-12 SPED
Name Address Phone Type Grade
Charleston Charter School for Math and Science 1002 King Street 8437203085 Public 6-12 SPED
Name Address Phone Type Grade
Charleston Development Academy 233 Line Street 8437222689 Public PK-8 SPED
James Simons Montessori 741 King Street 8437247763 Public PK-8 SPED
Name Address Phone Type Grade
Charleston Progressive 382 Meeting Street 8437202967 Public PK-5 SPED
Mitchell Elementary 2 Perry Street 8437247261 Public PK-5 SPED
Sanders-Clyde Elementary 805 Morrison Drive 8437247783 Public PK-5 SPED
Name Address Phone Type Grade
Compass Collegiate Academy 34 Race Street 8434109765 Public K-3 SPED
Name Address Phone Type Grade
Simmons Pinckney Middle 244 President Street 8437247789 Public 6-8 SPED
Name Address Phone Type Grade
Ashley Hall School 172 Rutledge Avenue 843-722-4088 Private PreK-12
Name Address Phone Type Grade
Harvest Time International Academy 227 Huger Street 843-567-5911 Private K-12
subdivision
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arbor trace , Charleston
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ashley park , Charleston
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ashleyville , Charleston
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3
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1
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bolton , Charleston
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bowen island , Charleston
1
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byrnes downs , Charleston
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19
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capri isles , Charleston
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carolina bay , Charleston
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carver , Charleston
1
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castlewood , Charleston
2
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center park , Charleston
1
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$1,155,000
centerville , Charleston
2
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$557,177
central park , Charleston
8
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$912,338
1
60
$325,000
3
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$667,021
1
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$687,000
1
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church creek , Charleston
3
368
$428,909
2
264
$808,998
1
276
$467,636
5
308
$1,305,139
clarks point , Charleston
2
284
$849,867
clarks sound , Charleston
1
555
$459,500
clearview , Charleston
5
278
$1,054,570
1
407
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8
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2
454
$734,680
1
21
$4,700,000
2
277
$2,048,500
crafts house , Charleston
1
465
$926,250
creek point , Charleston
1
391
$509,425
creekside , Charleston
3
209
$1,541,333
1
127
$635,000
crosscreek , Charleston
2
371
$639,062
15
117
$663,850
44
358
$1,862,338
1
397
$69,000
28
362
$3,925,005
8
339
$1,959,940
9
326
$425,322
3
56
$872,707
dellwood , Charleston
2
291
$721,792
dockside , Charleston
3
558
$271,188
2
373
$554,000
double oaks , Charleston
1
121
$420,000
1
415
$1,050,000
dovefield , Charleston
4
377
$219,393
downtown , Charleston
4
469
$1,106,991
3
389
$588,555
dupont , Charleston
1
411
$230,000
e f street , Charleston
2
241
$602,500
1
331
$658,625
5
333
$658,833
eastside , Charleston
20
387
$979,523
eastwood , Charleston
2
326
$1,357,636
3
293
$1,347,991
5
436
$1,388,781
1
509
$603,000
etiwan park , Charleston
1
250
$1,576,600
fairfield , Charleston
1
218
$2,115,000
1
34
$446,500
1
338
$502,980
farmington , Charleston
7
236
$600,361
4
84
$868,248
forest acres , Charleston
3
334
$503,782
forest lakes , Charleston
5
297
$548,322
1
365
$522,019
3
418
$1,119,608
1
218
$889,000
7
424
$1,849,000
2
316
$465,600
gadsdenboro , Charleston
4
384
$1,320,770
garden hill , Charleston
1
380
$1,033,000
geddes hall , Charleston
1
431
$601,806
general lee , Charleston
1
645
$444,333
1
320
$1,194,408
goat island , Charleston
1
481
$239,000
9
374
$663,696
grand bees , Charleston
8
382
$528,339
32
361
$450,294
3
69
$433,500
2
342
$470,833
grants court , Charleston
1
263
$1,000,445
grantville , Charleston
1
273
$650,000
green acres , Charleston
2
495
$643,000
greencrest , Charleston
1
626
$532,500
3
339
$389,850
4
340
$1,900,874
harbor creek , Charleston
1
352
$708,360
harbor oaks , Charleston
2
275
$530,160
harbor place , Charleston
2
330
$652,829
harbor view , Charleston
1
184
$1,297,000
harborwalk , Charleston
1
200
$598,267
1
181
$1,210,000
2
309
$1,688,750
34
387
$2,216,634
1
350
$842,800
heathwood , Charleston
1
474
$593,562
1
480
$403,300
hemmingwood , Charleston
1
384
$421,490
2
326
$563,834
hunt club , Charleston
5
362
$633,426
4
334
$1,099,053
indigo point , Charleston
1
219
$1,258,333
island bluff , Charleston
1
341
$314,078
2
568
$1,200,000
james island , Charleston
5
380
$590,599
2
446
$556,471
2
266
$593,833
1
187
$1,753,750
kingsland , Charleston
2
178
$434,750
2
320
$728,980
landsdowne , Charleston
1
281
$513,200
lantana , Charleston
1
410
$446,483
laurel park , Charleston
5
362
$783,040
lawton bluff , Charleston
11
422
$759,699
lawton high , Charleston
2
63
$507,000
legares , Charleston
1
1,840
$1,093,500
lenevar , Charleston
3
306
$635,684
3
430
$800,561
1
360
$613,780
longbranch , Charleston
3
286
$475,280
lynwood , Charleston
3
334
$574,378
4
270
$863,111
magnolia , Charleston
2
291
$615,530
1
397
$561,500
2
331
$491,260
marsh cove , Charleston
1
452
$480,154
marsh oaks , Charleston
3
126
$647,225
maryville , Charleston
5
333
$488,856
4
378
$577,644
melrose , Charleston
4
365
$533,969
11
301
$171,649
1
337
$501,412
mepkin place , Charleston
2
442
$200,892
3
393
$404,625
1
353
$452,500
mill creek , Charleston
1
210
$302,000
mira vista , Charleston
6
352
$380,544
moreland , Charleston
2
380
$1,008,869
1
413
$1,122,125
myrtle grove , Charleston
1
445
$465,733
12
396
$890,348
1
63
$615,000
1
381
$760,000
1
309
$946,750
1
301
$1,212,500
oak bend , Charleston
8
146
$1,086,676
oak bluff , Charleston
5
577
$717,075
oak forest , Charleston
1
257
$522,966
oak island , Charleston
1
410
$1,350,500
1
487
$314,000
oakcrest , Charleston
2
438
$622,193
2
384
$741,940
2
382
$596,938
1
332
$3,109,889
orange grove , Charleston
2
582
$547,000
6
421
$508,527
3
342
$337,322
1
538
$996,114
1
237
$329,500
park circle , Charleston
1
304
$479,995
park place , Charleston
2
384
$463,544
parkdale , Charleston
2
275
$538,975
1
262
$597,500
parkshore , Charleston
1
547
$782,917
parkside hpr , Charleston
1
358
$508,373
2
333
$684,719
1
456
$251,320
patriot park , Charleston
1
180
$286,800
pecan grove , Charleston
2
364
$501,125
pelican cove , Charleston
1
359
$303,475
3
390
$405,344
peninsula , Charleston
1
440
$308,780
1
8
$599,000
1
362
$261,017
pier view , Charleston
2
352
$656,661
pierpont , Charleston
7
408
$610,844
pinecrest , Charleston
1
14
$429,500
2
331
$477,408
pinefield , Charleston
1
470
$6,963,267
point hope , Charleston
24
366
$920,343
point james , Charleston
1
404
$261,832
ponderosa , Charleston
2
385
$352,620
1
373
$570,091
quail hollow , Charleston
1
334
$287,450
quail run , Charleston
1
407
$674,580
1
301
$599,138
2
365
$301,586
12
355
$1,596,540
3
399
$313,390
rice hollow , Charleston
2
158
$609,725
ricefield , Charleston
2
208
$269,383
ripley cove , Charleston
2
133
$2,050,000
1
196
$1,420,000
riverfront , Charleston
6
320
$635,208
14
345
$1,518,800
rivers bend , Charleston
3
348
$226,780
rivers point , Charleston
3
292
$664,465
3
387
$316,310
riverview , Charleston
1
432
$811,633
1
472
$418,000
rosemont , Charleston
3
315
$194,917
3
343
$633,413
1
561
$587,333
sandhurst , Charleston
3
273
$769,995
1
442
$844,450
2
463
$637,042
seagate , Charleston
4
313
$301,067
1
501
$332,914
7
370
$858,926
2
521
$814,000
shadowmoss , Charleston
20
373
$535,919
2
52
$220,000
4
331
$387,373
sol legare , Charleston
7
197
$332,684
38
358
$4,000,194
2
430
$581,571
3
389
$1,727,930
springfield , Charleston
9
386
$403,086
2
331
$1,007,100
1
410
$948,692
stiles point , Charleston
2
368
$848,845
stone creek , Charleston
1
430
$664,969
stone edge , Charleston
1
315
$703,475
stono park , Charleston
3
382
$689,142
stono shores , Charleston
5
350
$789,220
2
384
$636,250
sunday hill , Charleston
1
398
$587,000
sylcope , Charleston
2
400
$511,414
3
362
$902,686
teal acres , Charleston
1
347
$479,500
terrabrook , Charleston
1
453
$845,211
12
443
$577,194
the bristol , Charleston
2
376
$972,500
8
325
$291,577
3
238
$1,048,333
the crescent , Charleston
2
457
$3,738,685
8
404
$168,345
5
347
$595,550
5
290
$2,442,915
7
428
$462,696
10
379
$261,369
5
306
$572,972
8
289
$402,533
1
166
$632,500
7
394
$412,811
the savannah , Charleston
1
301
$188,460
3
579
$1,412,922
1
193
$399,900
tidal view , Charleston
1
233
$976,667
20
551
$484,838
4
385
$491,359
19
375
$1,148,854
wando point , Charleston
1
292
$887,500
6
532
$1,487,495
1
281
$1,056,000
1
591
$776,667
1
482
$844,322
2
425
$408,982
2
270
$423,308
3
386
$1,255,889
12
305
$565,864
3
390
$622,404
1
289
$581,128
west point , Charleston
1
443
$277,167
westborough , Charleston
2
343
$479,631
westchester , Charleston
3
358
$486,650
westside , Charleston
22
381
$996,152
4
353
$734,248
2
401
$648,891
2
288
$264,800
willow walk , Charleston
3
332
$494,995
windermere , Charleston
3
399
$1,129,637
windsor hill , Charleston
2
311
$325,113
woodhaven , Charleston
4
294
$734,650
6
358
$1,006,206
woodlands , Charleston
4
440
$462,100
wraggborough , Charleston
6
295
$2,004,288
1
463
$775,714
6
367
$414,275

Mortgage Calculator

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Interest Rate as of: Thu, Oct. 01, 2026
$2,500,000Home Price
$2,500,000Monthly payment
$2,500,000Amount Financed
$2,500,000Annual cost of Loan

Map

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James Schiller

James Schiller

Realtor, Brand Name Real Estate
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The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

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162 Spring Street, Charleston, SC, 29403