Located on a highly visible corner in the heart of downtown Charleston's Elliotborough hospitality and short-term rental overlay, 132 Spring Street is a flagship mixed-use property offering endless opportunities and upside investment potential. There is an amazing commercial/restaurant/retail space on the ground floor (currently leased). Two fully renovated residential units each have their own private entrance, original hardwood flooring and beautifully high ceilings. Unit B is located on the second floor and offers one bedroom and one bathroom with a beautifully appointed kitchen and living area. Unit D is a spacious and beautifully renovated three-bedroom, two-bathroom apartment with a grand living space and kitchen on the second floor and bedrooms located on the third floor.Both residential units stay consistently booked with short term renters due to the ideal location, inherent charm and extremely appealing living space to enjoy. Since completion of the building's full high-end renovation in 2016, 132 Spring Street has offered numerous avenues of stable, solid revenue year after year. The property also includes 6 possible off-street parking spaces along Ashley Avenue!!(See parking schematic in documents) Financials/numbers on short-term rental history available upon request.
Single-familyProperty Type
1940Year Built
3,049 sq ftLot Size
$335Est. Price/Sq.Ft.
Listed by • Colony & Craft LLC
Bought with Nonmember Licensee• NONMEMBER LICENSEE
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
30 ft.
Lot depth
95 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Charleston County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2025.
LB
ST
OLD CITY HEIGHTS DISTRICT - 2.5-3
OLD CITY DISTRICT
AR
Limited Business District
The LB district is intended to provide for a limited variety of commercial uses and services associated with neighborhood retail, financial and office activities which are compatible with residential areas. The hours of operation for most permitted commercial uses are restricted to between 7 a.m. and 11 p.m. Gasoline service stations are permitted as a conditional use. Prohibited uses include, but are not limited to bars, liquor stores, car washes as a principal use, bowling alleys, billiard parlors, dance halls, restaurants with drive-thru service windows, and automobile sales.
Zone overlays
Short Term Rental Overlay Zone
Old City District
Amusement and Recreation Services Overlay Zone
Permitted uses
Include but are not limited to:
Agriculture
Bank
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Housing-Student
Water cleansing/ storage /conveyance
Office
Medical office
Research & development
Aug 22, 2023 • Final
Permit - building, commercial alteration
Remodel
Dec 9, 2019 • Final
Permit - building, residential alteration
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking & Garage Information
Carport Spaces: 0
Parking Features: Off Street, Other
Interior
Interior Features
Interior Features: Ceiling - Smooth, High Ceilings, Kitchen Island, See Remarks, Walk-In Closet(s), Ceiling Fan(s)
Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer/Dryer Stacked, Washer, Tankless Water Heater
Flooring: Ceramic Tile, Wood
Laundry Features: Gas Dryer Hookup
Bathroom Information
Bathrooms Total Decimal: 3
Bathrooms Total Integer: 3
Bedroom Information
Bedrooms Total: 4
Room Master Bedroom Features: Ceiling Fan(s)
Heating & Cooling
Cooling: Central Air
Heating: Central, Ductless
Exterior
Exterior Features
Exterior Features: Balcony
Roof: Metal
Property Type
Residential
Single Family Detached
Lot Information
Lot Features: High
Property Information
Other Structures: No
Ownership: Fee Simple
Property Type: Residential
Building Information
Levels: 3 Stories
Subdivision Information
Subdivision Name: Elliotborough
Financial
Tax Information
Tax Annual Amount: 20538
Tax District: 63 - City of Charleston
Tax Legal Description: 132 SPRING & ASHLEY
Tax Map Number: 4601102051
Utilities
Utility Information
Public Sewer
Utilities: Charleston Water Service, Dominion Energy
Location
School Information
Elementary School: Mitchell
Middle Or Junior School: Simmons Pinckney
High School: Burke
Neighborhood Information
Subdivision Name: Elliotborough
MLS Area Major: 51 - Peninsula Charleston Inside of Crosstown
Community Information
Community Features: Bus Line, Trash
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Charleston County
APN: —
Home facts updated by county records on Aug 11, 2025
Other
Listing Information
Standard Status: Closed
Around this home
Schools
Places
Transit
Mitchell Elementary School
Public PreK-5 • Assigned • 0.3mi
2/10
Simmons Pinckney Middle School
Public 6-8 • Assigned • 0.4mi
4/10
Burke High School
Public 9-12 • Assigned • 0.4mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 72-80% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Charleston, SC • 29403
Average low and high temperatures (°F)
56
38
63
45
72
53
78
62
82
69
89
75
91
78
86
75
83
71
76
61
71
54
61
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.30M – $1.57M
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