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

651 King St, Charleston, SC 29403

2024 construction pairs a leased commercial storefront with a five-bedroom short-term rental and rooftop terrace.

Property Size4,253 SF
Price / SF$1,103
Days on Market64

Property Features for 651 King St

General Information

Standard status Active
Size 4,253 SF
Property subtype Residential Income

Additional Details

Corner Location Yes

Amenities

rooftop terrace
grease trap
designated hood location

Building Details

Year Built 2024
Buildings 1
Stories 3
Listing Agency: Keller Williams Realty Charleston West Ashley
Listed By: Jonathan Holt
Source: Exprealty
Added: Jun 19 Changed: Aug 20 Last Checked: Aug 21 at 9:41AM

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 Keller Williams Realty Charleston West Ashley

Investment Insights

Based on property information with market context.

Completed in 2024, this three-story mixed-use property contains approximately 4,253 square feet. The upper floors feature a five-bedroom, 4.5-bath short-term rental with upscale finishes, gathering areas, and a rooftop terrace. At street level, the commercial space is occupied by Steep Me Tea Apothecary under a long-term NNN lease.

The property occupies the corner of King and Line Streets in Charleston’s Upper King Street corridor and is directly adjacent to Courier Square. The ground-floor layout was designed for restaurant or retail use, with a grease trap and designated hood location. Its position within the Cannonborough-Elliotborough STR Overlay supports commercial short-term rentals, while nearby destinations include MUSC, WestEdge, the College of Charleston, and Greystar’s global headquarters.

Key Highlights

  • Approximately 4,253 square feet across three stories, completed in 2024
  • Five‑bedroom, 4.5‑bath short‑term rental on the upper floors
  • Ground‑floor space occupied by Steep Me Tea Apothecary under a long‑term NNN lease

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Electrical Service Locksmith Kitchen & Bath Showroom 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.

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 2024 construction pairs a leased commercial storefront with a five-bedroom short-term rental and rooftop terrace.
Where is this mixed-use property located?
The property is located at 651 King St 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: Approximately 4,253 square feet across three stories, completed in 2024; Five‑bedroom, 4.5‑bath short‑term rental on the upper floors; Ground‑floor space occupied by Steep Me Tea Apothecary under a long‑term NNN lease
More about this property
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