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44 Morris Street

Charleston, SC 29403
  • $4,200,000
  • STATUS: Active Under Contract
  • ON SITE: 153 Days
  • ID#: 31005548
Under Contract
UPDATED: 31 min ago
$4,200,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,012
    SQFT
  • $838
    $/SQFT
Type:
Commercial
Built:
1875
County:

School Ratings & Info

Description

Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property.With legacy ''Hotels and Motels'' zoning--confirmed by the City--this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances. The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning. Unit 1: 1,900 SqFt, Bedrooms-3, Baths-2----Unit 2: 1,700 SqFt, Bedrooms-4, Baths-2----Unit 3: 756 SqFt, Bedrooms-2, Baths-2----Unit 4: 756 SqFt. Bedrooms-2, Baths-2----Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options.Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!

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www.thecassinagroup.com/homes/160559719
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44 Morris Street Charleston, SC 29403

  • Price: $4,200,000
  • Status: Active Under Contract
  • On Site: 153 Days
  • Updated: 31 min ago
  • ID#: 31005548
0
Beds
0
Baths
0
½ Baths
0.16
Acres
5,012
SQFT
$838
$/SQFT
1875
Built
County:
Charleston
Property Description
Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property.With legacy ''Hotels and Motels'' zoning--confirmed by the City--this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances. The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning. Unit 1: 1,900 SqFt, Bedrooms-3, Baths-2----Unit 2: 1,700 SqFt, Bedrooms-4, Baths-2----Unit 3: 756 SqFt, Bedrooms-2, Baths-2----Unit 4: 756 SqFt. Bedrooms-2, Baths-2----Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options.Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!
Exterior Features

Parking Total 14.00 Parking Type Surface

Property Features

Current Use CommercialMulti-Family Internet Access CableFiber Optic Listing Terms Conventional Nearest MSA Charleston-North CharlestonSC Property Sub Type Multi Family Secondary Property Sub Type Multi Family Sewer Public Sewer Water Source Public Zoning City of Charleston - LB - Limited Business

Listing courtesy of The Exchange Company, LLC: .
 
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The Cassina Group, LLC
309 Coleman Boulevard
Mount Pleasant SC, 29464