Short-Term Rental Complex with
For Sale
$3,100,000
140 Spring Street, Charleston, SC 29403
Three fully renovated, fully licensed short-term rental units with off-street parking and a private walled courtyard.
Property Size3,028 SF
Days on Market53
Property Features for 140 Spring Street
General Information
Standard status
Active
Size
3,028 SF
Property subtype
Hospitality
Additional Details
Multifamily Units
3
Building Details
Building Size
3,028 SF
Tenancy
Multi
Listing Agency:
Birchin Lane Realty Advisors, LLC
Listed By:
Richard Callari · License #93564
(954) 658-9792
Source:
Birchinlanerealty
Added: Jul 18
Changed: Aug 26
Last Checked: Sep 8 at 5:07AM
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 Birchin Lane Realty Advisors, LLC
Investment Insights
Based on property information with market context.
140 Spring St in downtown Charleston presents a fully renovated, fully licensed commercial short-term rental complex with three distinct units. The property includes two spacious 3-bedroom, 2-bath residences and one well-appointed 1-bedroom unit. One of the 3-bedroom units features a private, walled courtyard with a gazebo, brick fireplace, and dedicated sitting area, offering potential for a plunge pool.
Off-street parking supports the guest experience, and the in-place commercial STR licensing is intended to allow for immediate operation. The listing also notes approximately $300,000 in annual revenue from a reputable local management company. Ownership is described as offering potential tax advantages unique to short-term rentals, including accelerated depreciation and cost segregation, subject to individual circumstances and tax strategy. For additional financial details, licensing information, and to schedule a private showing, contact the listing agent.
Off-street parking supports the guest experience, and the in-place commercial STR licensing is intended to allow for immediate operation. The listing also notes approximately $300,000 in annual revenue from a reputable local management company. Ownership is described as offering potential tax advantages unique to short-term rentals, including accelerated depreciation and cost segregation, subject to individual circumstances and tax strategy. For additional financial details, licensing information, and to schedule a private showing, contact the listing agent.
Key Highlights
- 1890‑built, fully renovated commercial short‑term rental complex with 3 units at 140 Spring Street
- Fully licensed STR setup with in‑place licensing for immediate operation, per the listing
- Two 3‑bedroom/2‑bath residences plus one 1‑bedroom unit for multiple guest stay types
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,257
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?
Short term rental property - Three fully renovated, fully licensed short-term rental units with off-street parking and a private walled courtyard.
Where is this short term rental property located?
The property is located at 140 Spring Street Charleston, SC.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 1890‑built, fully renovated commercial short‑term rental complex with 3 units at 140 Spring Street; Fully licensed STR setup with in‑place licensing for immediate operation, per the listing; Two 3‑bedroom/2‑bath residences plus one 1‑bedroom unit for multiple guest stay types
