Rare commercial-zoned property in Charleston's Hospitality Overlay District. The ''Charleston Compound,'' a unique L-shaped property consisting of four separate units, offers 11 bedrooms, 8.5 baths, and is just steps from King Street's renowned restaurants and shops. With its commercial zoning, the property provides potential approval for use as a short-term rental, a bed and breakfast (including a valid 15x30 pool permit), a restaurant with outdoor dining, or a private estate, making it a highly versatile investment opportunity. Having operated as a vacation rental and event space for over a decade, it boasts a proven track record of success.The property features four separate units, a dedicated laundry room, 14 coveted parking spaces, expansive common areas, and ahistory of hosting weddings, family reunions, and large groups. With its development potential, the site offers opportunities to enhance or transform the space further, including the addition of a private courtyard or expansion within the parking lot. The property is still listed under two tax map numbers and is in the process of becoming just one. Current property maps on record are for 44 Morris St. (tax map #460-12-01-081) and 183 Coming St. (tax map #460-12-01-132). Additional highlights include a potential site plan for a private "Palm Beach"-style courtyard with two driveway gates that would create ultimate privacy and further expand development opportunities. Buyer responsible for permits. Don't miss this rare opportunity to own a one-of-a-kind property in a premier Charleston location.

Listing courtesy of The Exchange Company, LLC



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Data last updated at: 2024-10-18 12:00 AM UTC