$5,500,000 ($468.01 per sqft)

Est. Mortgage $26,735/mo *

Quick Pre-Approval

241 E Bay Street, Charleston, SC, 29401

241 E Bay Street, Charleston, SC, 29401

9 beds

9 Full baths

1871

Traditional

11,752 sqft

Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs. Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates. 2025 gross income $588,061. Showings limited due to bookings. This property is turnkey and ready to go!


Status:

Active

Type:

Single-family residential

Subdivision:

Ansonborough

Community:

51 - Peninsula Charleston Inside of Crosstown

Heating:

Central, Ductless, Forced Air

Cooling:

Central Air

Parking:

Other

Acreage:

0.15

Construction

Block, Stucco

Utilities

Charleston Water Service, Dominion Energy

Elementary School:

Memminger

Middle School:

Simmons Pinckney

High School:

Burke

MLS #:

26005458


Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Carriage Properties LLC