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Three-Story Mixed-Use Property
For Sale
$4,695,000

651 King Street, Charleston, SC 29403

Residential Income, Charleston, SC

Property Size4,253 SF
Lot Size0.05 Acres
Price / SF$1,103
Days on Market78

Property Features for 651 King Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Conforming
Bedrooms 5
Rooms Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 2
Interior features Ceiling Fan(s)
Subdivision Cannonborough
Elementary school James Simons
Middle school Simmons Pinckney
High school Burke
Directions North West Corner Of King And Line Streets
Standard status Active
Size 4,253 SF
Lot size 0.05 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

rooftop terrace

Building Details

Year built 2024
Floors in Building 3
Number of units 2
Building materials Block/Masonry, Brick Veneer
Roof type Metal
Listing Agency: Keller Williams Realty Charleston West Ashley
Listed By: Jonathan Holt
Added: Jun 19 Changed: Sep 3 Last Checked: Sep 4 at 7:06PM
MLS# 26017763

Copyright © 2026 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Completed in 2024, this three-story mixed-use property contains approximately 4,253 square feet on a 0.05-acre lot. The upper floors are configured as a five-bedroom, 4.5-bath short-term rental with upgraded finishes, gathering areas, and a rooftop terrace. Ground-level commercial space is occupied by Steep Me Tea Apothecary under a long-term NNN lease and was designed for restaurant or retail use, with a grease trap and designated hood location.

The property is located at 651 King Street in Charleston, at the corner of King and Line Streets and adjacent to Courier Square. It falls within the Cannonborough-Elliotborough STR Overlay. Nearby destinations and development include Greystar's global headquarters, MUSC, WestEdge, the College of Charleston, and additional residential and commercial projects. Public water and sewer serve the property, with central air and natural-gas heating.

Key Highlights

  • 4,253‑square‑foot mixed‑use property completed in 2024
  • 0.05‑acre corner lot at 651 King Street and Line Street
  • Five‑bedroom, 4.5‑bath short‑term rental with rooftop terrace

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Auto Parts Store HVAC Service Pharmacy Parking Lot & Garage Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,608
Businesses Nearby

Demographics for 29403, SC

21,363
Population
13,013
Households
1.6
Avg Household Size
30
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
3,956
Density / Sq Mi
$65,689
Median Household Income
$43,421
Median Earnings
$1,658
Median Rent
$624,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Modern Charleston asset combining short-term lodging with leased commercial space and restaurant-ready infrastructure.
Where is this mixed-use property located?
The property is located at 651 King Street Charleston, SC.
What is the asking price?
The asking price for this property is $4,695,000.
What are key features of this property?
This property features: 4,253‑square‑foot mixed‑use property completed in 2024; 0.05‑acre corner lot at 651 King Street and Line Street; Five‑bedroom, 4.5‑bath short‑term rental with rooftop terrace
More about this property
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