651 King Street, Charleston, SC 29403
MULTI_FAMILY - Charleston, SC
Property Features for 651 King Street
General Information
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Building Details
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Investment Insights
Based on property information with market context.
The ground-floor commercial space is occupied by Steep Me Tea Apothecary under a long-term NNN lease. The commercial space was purpose-built for restaurant or retail use, including restaurant infrastructure such as a grease trap and a designated hood location. The property sits on the prominent corner of King and Line Streets within the Cannonborough-Elliotborough STR Overlay, an area where commercial short-term rentals are permitted. It is positioned directly adjacent to Courier Square, a $500M+ mixed-use redevelopment underway.
Set on a 0.05-acre lot with public water and public sewer, the asset combines modern, in-place residential hospitality operations with a leased ground-floor commercial component.
Key Highlights
- Completed in 2024 mixed‑use building with three‑story layout and approx. 4,253 SF
- Upper floors feature fully operational 5‑bed, 4.5‑bath luxury short‑term rental
- Rooftop terrace for the short‑term rental accommodations
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 29403, SC
Market
Properties on Market for Mixed-use properties in Charleston County
Vacancy Rate% for Multifamily in South region