Viewing Listing MLS# 31005221

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- Charleston, SC Real Estate | Charleston - Commercial Sales Property

$2,850,000 | N/A beds | N/A full baths | N/A half baths | 4,074 sqft

$2,850,000 Reduced -$300,000
132 Spring Street
Charleston, SC 29403
  • $699.56Price per SqFt
  • 4,074SqFt
  • 161Days on Market
  • N/AZoning
  • 1940Year Built
  • Multi FamilyUse
  • MLS# 31005221
  • Commercial Sales
  • Multi Family
  • Active

  • Approx Time on Market5 months, 11 days
  • AreaHistoric Charleston
  • CountyCharleston
  • Subdivision N/A

Overview

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 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. The two residential units are being offered furnished with a few exceptions. Properties like this don't come available often, so line up your showing today!



Building Info

Anchored:  No

Year Built:  1940

Financial

Garage / Parking

Parking Type:  Surface

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  132 Spring St. Multi-Use Building in the Heart of Charleston's STR/Hospitality Overlay

Offer Compensation

Property Info

Second Property Subtype:  Hospitality, Multi Family, Retail

Zoning:  City of Charleston - LB - Lim

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Cash, Conventional

Property Type:  A

Original Price:  $3,495,000

Property Use Type:  Commercial, Mixed Use, Multi-Family, Residential

Class Type:  Multi Family

Sold Info

Sqft Info

Rentable Area:  4074

Unit Info

Utilities / Hvac

Water Source:  Public

Sewer:  Public Sewer

Directions

Building is at the corner of Spring and Ashley in Downtown Charleston's Elliotborough Neighborhood.

Courtesy of listing office William Means Real Estate, LLC 

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Price & Status History (on heatherlord.com since Mon, Feb 24th 2025)
  • Original Price: $3,495,000
  • Current Price: $2,850,000
  • Price Reduced: $645,000
Date ChangedFromTo
08/04/2025$3,150,000 $2,850,000 Reduced by $300,000

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than The Boulevard Company are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 08-05-2025 1:52 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2025 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 08-05-2025 1:52 PM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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