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Operating Bed And Breakfast
For Sale
$2,995,000

194-196 Rutledge Ave, Charleston, SC 29403

Historic Charleston lodging property with renovated interiors, multiple guest accommodations, and a detached cottage with private outdoor space.

Property Size4,300 SF
Price / SF$696.51
Days on Market538

Property Features for 194-196 Rutledge Ave

General Information

Standard status Active
Size 4,300 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/2.5BA, 2 x 1BR/1BA, 1 x 2BR/2.5BA
Multifamily Units 5

Building Details

Year Built 1910
Buildings 2
Listing Agency: Charleston Commercial
Listed By: Josh Schaap · License #55385
Source: Findahomecharleston
Added: Mar 14, 2025 Changed: Sep 2 Last Checked: Sep 1 at 7:48PM

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 Charleston Commercial

Investment Insights

Based on property information with market context.

The Rutledge Ave Inn is an existing, operating five-unit bed and breakfast comprising a renovated historic main house and a detached cottage. The main residence was built in 1910 and renovated down to the studs in 2008. Its four guest units include two 2BR/2.5BA residences and two 1BR/1BA residences, with modern finishes integrated into the historic structure.

Built in 2008, the two-level cottage provides a separate 2BR/2.5BA accommodation with a private fenced yard and back porch. Set back from Rutledge Ave, it offers a distinct setting apart from the main house. The property is located in Charleston’s Short-Term Rental Overlay; operating as a B&B or short-term rental requires the owner’s primary residence.

Key Highlights

  • Five‑unit existing and operating bed and breakfast
  • 4,300‑square‑foot property in Charleston, SC
  • Main house built in 1910 and renovated down to the studs in 2008

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Butcher Home Appliance Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

7,054
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?
Short term rental property - Historic Charleston lodging property with renovated interiors, multiple guest accommodations, and a detached cottage with private outdoor space.
Where is this short term rental property located?
The property is located at 194-196 Rutledge Ave Charleston, SC.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Five‑unit existing and operating bed and breakfast; 4,300‑square‑foot property in Charleston, SC; Main house built in 1910 and renovated down to the studs in 2008
More about this property
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