Three-Building Mixed-Use
For Sale
Contact for pricing
49 Spring St, Charleston, SC 29403
Permitted short-term rentals sit above fully leased commercial space, with private off-street parking near King Street.
Property Size7,194 SF
Days on Market144
Property Features for 49 Spring St
General Information
Standard status
Active
Size
7,194 SF
Property subtype
Multifamily, Retail, Office, Mixed Use, Hospitality
Additional Details
Cap Rate
7.2%
Building Details
Buildings
3
Stories
3
Tenancy
Multi
Listing Agency:
Bore Llc
Listed By:
Bradley O'Mara · License #SC 21820
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 10:11PM
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 Bore Llc
Investment Insights
Based on property information with market context.
This mixed-use portfolio includes three buildings, each pairing first-floor commercial space with upper-level short-term rental accommodations. Every building provides 580 square feet of commercial area on the ground floor and 1,818 square feet across the second and third floors, with a three-bedroom, 2.5-bath layout. The rental areas are furnished and include private decks, work desks, high-speed Wi-Fi, and private off-street parking.
The short-term rental use is legally permitted and operating, while each commercial suite is fully leased. The properties are located one block from King Street in Charleston, placing the portfolio within walking distance of the surrounding downtown activity. The portfolio has a 7.2% post-sale cap rate.
The short-term rental use is legally permitted and operating, while each commercial suite is fully leased. The properties are located one block from King Street in Charleston, placing the portfolio within walking distance of the surrounding downtown activity. The portfolio has a 7.2% post-sale cap rate.
Key Highlights
- Three‑building mixed‑use portfolio with short‑term rental and commercial components
- Each building includes 580 sqft of first‑floor commercial space
- Each building has 1,818 sqft of second- and third‑floor STR space
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,302
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Permitted short-term rentals sit above fully leased commercial space, with private off-street parking near King Street.
Where is this mixed-use property located?
The property is located at 49 Spring St Charleston, SC.
What are key features of this property?
This property features: Three‑building mixed‑use portfolio with short‑term rental and commercial components; Each building includes 580 sqft of first‑floor commercial space; Each building has 1,818 sqft of second- and third‑floor STR space
