$5,200,000
Charleston, SC 29403
MLS# 26014869
12 beds | 10 baths | 5881 sqft
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Property Description
Looking for that perfect investment property? Look no further than 162 Spring Street: a turnkey investment asset featuring twelve bedrooms, ten bathrooms, seven off-street parking spaces, and a triple-net-leased restaurant in the heart of Charleston's STR overlay. On pace for over $400,000 in gross revenue! Approximately 5,881 square feet across three separate buildings. All furniture and fixtures included in the sale . The property transfers with a proven rental revenue history and a sitting commercial tenant.The front building includes two, 2BR/2BA STR-licensed condos positioned behind a fully leased NNN commercial space. (Three units total)The middle building is a 4BR/3BA single-family home built in 2018.
Details
Maps
Documents
Contract Info
Total List Price/SqFt: 884.2
Sub-Type: Single Family Detached
MLS List Date: 2026-05-22
Status: Active
List Price: $5,200,000
Current Price: $5,200,000
Location, Tax & Legal
Legal Description: 162 Spring
Tax Map #: 4601102089
Street #: 162
Street Name: Spring
Street Suffix: Street
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Cannonborough-Elliotborough
Elementary School: James Simons
Middle School: Simmons Pinckney
High School: Burke
Directions: .
General Property Info
Primary Structure Full Baths: 10
Primary Structure Half Baths: 0
Primary Structure Beds: 12
Ground Level: Yes
Primary Bedroom – Main Level: Yes
Stories: 2
Primary Structure Apx SqFt: 5881
Total Apx SqFt: 5881
Ownership: Fee Simple
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No
Total Baths - Full: 10
Total Beds: 12
Baths - Total: 10
Year Built: 1880
Acreage: 0.22
Tax/Fees
Taxes: 64610
Office/Member Info
Seller Concessions Negotiable Y/N: Yes
SqFt Source
Hired Measurement: 1
Roof
Metal: 1
Exterior
Vinyl Siding: 1
SF Detached Style
Contemporary: 1
Garage/Parking
Assigned Parking: 1
Equipment/Appliances
Built-In Electric Oven: 1
Ceiling Fan: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Cooktop: 1
Electric Range: 1
Fire Sprinkler: 1
Gas Range: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Stacked Washer/Dryer: 1
Washer: 1
Cooling
Electric: 1
Natural Gas: 1
Heat
Central: 1
Electric: 1
Natural Gas: 1
Assumable
No: 1
Proposed Financing
Any: 1
Cash: 1
Conventional Loan: 1
Exchange: 1
New Owned
Pre-Owned: 1
Possession
At Closing: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
Property Features
SqFt Source: Hired Measurement
SF Detached Style: Contemporary
Roof: Metal
Exterior: Vinyl Siding
New Owned: Pre-Owned
Cooling: Electric; Natural Gas
Heat: Central; Electric; Natural Gas
Possession: At Closing
Utility Suppliers: Charleston Water Service; Dominion Energy
Proposed Financing: Any; Cash; Conventional Loan; Exchange
Assumable: No
Supplements
The perfect house to own downtown, that doesn't come with the deferred maintenance of a 100 year old historic home.The last building on the property is another 4BR/3BA home of matching construction vintage, equally equipped for short-term rental performance. Cannonborough-Elliotborough is the most-watched submarket on the peninsula -- Michelin-starred operators (Vern's, Chez Nous), independent retail along Spring and Upper King, and a guest demographic that skews higher-income and longer-stay than the City Market tourist corridor. The opportunity to acquire four fully licensed and operating short-term-rentals PLUS a restaurant space is a rare find here in Charleston.
SD Exemption 
Listing Office: Premier Realty
Last Updated: July - 24 - 2026
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