Viewing Listing MLS# 31005926

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

$2,900,000 | N/A beds | N/A full baths | N/A half baths | 3,059 sqft

$2,900,000 Reduced -$400,000
78 Society Street UNIT A&B
Charleston, SC 29401
  • $948.02Price per SqFt
  • 3,059SqFt
  • 107Days on Market
  • N/AZoning
  • 1882Year Built
  • HospitalityUse
  • MLS# 31005926
  • Commercial Sales
  • Hospitality
  • Active

  • Approx Time on Market3 months, 16 days
  • AreaHistoric Charleston
  • CountyCharleston
  • Subdivision N/A

Overview

Welcome to the R.C. Salas House located at 78 Society St. This unique property, with a history dating back to the 1880s, is located in the heart of downtown's commercial district. The building is situated along the bustling section of Society Street between Meeting Street and King Street, just a few blocks north of the Charleston Place Hotel. Thoughtfully designed for comfort and charm, this turnkey property features two separate units, ideal for investors looking to maximize rental revenue. Importantly, the property benefits from a rare BZAZ special exception, which allows for the operation of two legal accommodation units on the property. This is a premier investment property, with a proven track record of short-term rental success on Airbnb and VRBO (the current owner has operated the property as a self-managed short term rental operation for several years). In addition to two on-site (tandem) parking spaces, the property benefits from an off-site parking easement with the right to use two parking spaces in the adjacent property that are located immediately next to 78 Society St (there is no monthly cost for the use of these spaces and are available 24/7). X-500 flood zone (flood insurance not required by lenders). The downstairs unit sleeps 4 guests with 2 bedrooms and 2.5 bathrooms. The upstairs unit sleeps 8 guests with 3 bedrooms and 1.5 bathrooms. The entire home accommodates up to 12 guests with a total of 5 bedrooms, 3 full baths, and 2 half baths. This home features fully equipped kitchens on both levels, 7 fireplaces (not used by owner), charming, enclosed side porches, and a picturesque courtyard in the back. For a creative investor, the rear section of the property may offer an opportunity to expand the structure or build a supplemental building (buyer to study and verify). Square footage is taken from a recent professional measurement and does not include the bonus space in the basement.Why You'll Love it!- Turnkey: Ready for immediate rental income-Prime Location: In the heart of downtown Charleston. One block from King Street, two blocks from Market Street, walking distance to fine dining and shopping!-Strong Rental History: A high performing short-term rental with outstanding reviews.-Versatile Investment: Rent as two separate units or as one large home. Property is also zoned General Commercial.Don't miss this rare opportunity to own a profitable, well-established investment property!*The information herein is furnished to the best of the Listing Agent's knowledge,but is subject to verification by the purchaser and their agent. Listing Agent assumes no responsibility for correctness thereof, nor warrant the accuracy of the information or the condition of the property. If square footage is important - measure! Buyer to verify schools.*



Building Info

Anchored:  No

Year Built:  1882

Financial

Garage / Parking

Parking Type:  Other, Structure, Surface

Lot Info

County:  Charleston

Land Size:  0.10

Misc

Title:  The R.C. Salas House - Duplex with Accommodations Variance

Offer Compensation

Property Info

Second Property Subtype:  Hospitality, Multi Family, Special Purpose

Zoning:  City of Charleston - GB - Gen

Nearest Msa:  Charleston-North Charleston, SC

Property Type:  A

Original Price:  $3,500,000

Property Use Type:  Bed & Breakfast, Commercial, Investment, Residential, See Remarks

Class Type:  Hospitality

Sold Info

Sqft Info

Rentable Area:  3059

Unit Info

Unit:  A&B

Utilities / Hvac

Water Source:  Public

Sewer:  Public Sewer

Directions

North side of Society St., between King St. and Meeting St.

Courtesy of listing office Engel & Volkers Charleston 

Mortgage Calculator

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Price & Status History (on heatherlord.com since Fri, Apr 4th 2025)
  • Original Price: $3,500,000
  • Current Price: $2,900,000
  • Price Reduced: $600,000
Date ChangedFromTo
07/07/2025$3,300,000 $2,900,000 Reduced by $400,000
06/24/2025$3,500,000 $3,300,000 Reduced by $200,000

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 07-20-2025 10:05 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 07-20-2025 10:05 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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