New Listing - 06/19/2026
651 King Street, Charleston, SC, 29403
5 beds
2024
4,253 sqft
A rare opportunity to own a newly constructed mixed-use investment property in the heart of Charleston's rapidly growing Upper King Street corridor. Completed in 2024, 651 King Street offers approximately 4,253 square feet across three stories, featuring a fully operational 5 bed, 4.5 bath luxury short-term rental on the upper floors and a ground-floor commercial space occupied by Steep Me Tea Apothecary under a long-term NNN lease. The upper-level accommodation delivers a premium guest experience with upscale finishes, spacious gathering areas, and a rooftop terrace overlooking one of Charleston's most vibrant commercial districts. The property benefits from its location within the highly sought-after Cannonborough-Elliotborough STR Overlay, one of the few areas on the peninsula where commercial short-term rentals are permitted. Positioned on the prominent corner of King and Line Streets, the property sits directly adjacent to Courier Square, a transformative $500M+ mixed-use redevelopment that continues to reshape this section of downtown Charleston with luxury residential, retail, office, hospitality, and public gathering spaces. Additional nearby growth drivers include Greystar's global headquarters, MUSC, WestEdge, the College of Charleston, and numerous new residential and commercial developments. The ground-floor commercial space was purpose-built for restaurant or retail use and includes restaurant infrastructure such as a grease trap and designated hood location. Combining stable commercial income with the upside of Charleston's thriving luxury hospitality market, this turnkey asset presents a unique opportunity to acquire a modern, income-producing property in one of the city's most supply-constrained and rapidly appreciating locations.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Units:
2
Zoning:
Conforming
Subdivision:
Cannonborough
Community:
51 - Peninsula Charleston Inside of Crosstown
Heating:
Natural Gas
Cooling:
Central Air
Parking:
Other
Acreage:
0.05
Construction
Block/Masonry, Brick Veneer
Utilities
Charleston Water Service, Dominion Energy
Elementary School:
James Simons
Middle School:
Simmons Pinckney
High School:
Burke
MLS #:
26017763
Community Info
School Info
Walk Score
Yelp
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Copyright ©2026 Charleston Trident MLS
Listing courtesy of Keller Williams Realty Charleston West Ashley