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Mixed-Use Short-Term Rental Development
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122-124 Spring St, Charleston, SC 29403

Mixed-use property with long- and short-term rentals, plus restaurant and commercial space currently operating as an office.

Property Size30,008 SF
Days on Market123

Property Features for 122-124 Spring St

General Information

Standard status Active
Size 30,008 SF
Property subtype Mixed Use

Units

Multifamily Units 28
Office Units 1

Building Details

Tenancy Multi
Listing Agency: KW Commercial Charleston-West Ashley
Listed By: Jonathan Holt · License #SC 46092
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 7:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Charleston-West Ashley

Investment Insights

Based on property information with market context.

Sanctuary Court in Charleston, SC is a mixed-use development positioned within Charleston’s Short-Term Rental Overlay Zone. The offering totals approximately 30,008 square feet and includes fifteen long-term rental units, eight short-term rental units, four workforce housing rentals, and one furnished executive rental available for a 30-day furnished stay. Across the residential mix, the property provides a total of 57 bedrooms, along with a restaurant and additional commercial space currently being used as an office.

Located at 122–124 Spring St in the center of downtown Charleston, the property offers a consolidated setup for combined residential and hospitality-style use under the overlay zone framework described in the remarks.

The configuration supports multiple rental formats, with the on-site restaurant and commercial space currently functioning as office space, providing a straightforward live-and-work mixed-use footprint.

Key Highlights

  • +/- 30,008 SF mixed‑use development in Downtown Charleston
  • Includes 15 long‑term rental units and 8 short‑term rental units
  • Also offers 4 workforce housing rentals and 1 furnished executive rental (30‑day furnished rental)

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Auto Repair Shop Locksmith HVAC Service

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
Office units
28
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,665
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with long- and short-term rentals, plus restaurant and commercial space currently operating as an office.
Where is this mixed-use property located?
The property is located at 122-124 Spring St Charleston, SC.
What are key features of this property?
This property features: +/- 30,008 SF mixed‑use development in Downtown Charleston; Includes 15 long‑term rental units and 8 short‑term rental units; Also offers 4 workforce housing rentals and 1 furnished executive rental (30‑day furnished rental)
(843) 823-4078 Call to check price and availability
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