For sale

$5,000,000

Est. $33,944/mo —

•

10 ba

•

5,881

sq ft

162 Spring St Unit A, B, C, D, E, Charleston, SC 29403

About this home

On pace for over $400,000 in gross revenue! Introducing 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. 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. 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.

Single-familyProperty Type

1880Year Built

9,583 sq ftLot Size

$850Price/Sq.Ft.

Listed by • Premier Realty

Listing updated: Aug 28, 2026 at 10:08am

Redfin checked: a minute ago

•Source:Charleston Trident MLS #26014816

Payment calculator

$33,944 per month

Principal and interest$26,277

Property taxes

$4,625

HOA dues

Home insurance

$3,042

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 12PM TO 2PM3D WALKTHROUGH
$1,295,000
3 beds2.5 baths1,827 sq ft
6064 Grand Council St, Daniel Island, SC 29492
OPEN WED, 11:30AM TO 1PM
$449,000
3 beds2 baths1,207 sq ft
1609 Pineview Rd, Charleston, SC 29407
OPEN THU, 11:30AM TO 1PM
$539,000
3 beds2 baths1,174 sq ft
214 Live Oak Ave, Charleston, SC 29407
OPEN THU, 3PM TO 5PM
$1,675,000
4 beds3 baths4,550 sq ft
2164 Medway Rd, Charleston, SC 29412
OPEN THU, 4PM TO 5PM
$715,000
4 beds2 baths1,810 sq ft
1228 Oakcrest Dr, Charleston, SC 29412
OPEN SAT, 11AM TO 1PM
$1,599,000
4 beds3 baths2,302 sq ft
1259 Harbor View Ln, Charleston, SC 29412
OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$1,199,000
4 beds2.5 baths1,987 sq ft
50 Rivers Point Row, Charleston, SC 29412
OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$1,700,000
4 beds3.5 baths2,659 sq ft
2895 Fagan Way, Johns Island, SC 29455
OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$696,000
3 beds3 baths2,078 sq ft
6094 Chisolm Rd, Johns Island, SC 29455
OPEN SAT, 1PM TO 3PM
$1,850,000
5 beds3 baths2,699 sq ft
2204 Wappoo Dr, Charleston, SC 29412

Around this home

Schools

K - 12
Preschool & daycare

Mitchell Elementary School

Public PreK-5 • Assigned • 0.4mi

2/10

Simmons Pinckney Middle School

Public 6-8 • Assigned • 0.3mi

4/10

Burke High School

Public 9-12 • Assigned • 0.3mi

1/10

Provided by GreatSchools

About Peninsula

West

Peninsula West, located between the Ashley River and the Crosstown (US-17), is a historic and waterfront Charleston neighborhood with a working-harbor edge and a pocket-park rhythm. The neighborhood’s character concentrates around the Spring Street corridor near the Ashley River bridges, where coffee counters, design studios, and small galleries share the sidewalks with marine and light-industrial backdrops. The Citadel anchors the streetscape with parade-ground formality and limestone facades, while Hampton Park’s broad lawns set a slower pace nearby. Cannonborough-Elliot’s restored single houses and porches blend into newer infill and converted warehouses. Bike lanes and short blocks link marinas, breweries, and the Medical District. Sunsets track the riverfront, with marsh views peeking between rooftops.

Provided by Walk Score and Local Logic

Market insights

162 Spring St Unit A, B, C, D, E · $5,000,000

DAYS ON MARKET

The average home goes pending in 69 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $750,000. (85% lower than this home)

PRICE DROP

21% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Ceiling fans

Bedrooms
12 bedrooms

Bathrooms
10 bathrooms

Kitchen
Built-in electric oven
Electric cooktop
Electric range
Gas range
Microwave
Range hood
Dishwasher
Disposal
Refrigerator

Laundry & utility
Stacked washer/dryer
Washer
Dryer

Heating & cooling
Central heating
Electric heating
Natural gas heating

Sale and tax history for 162 Spring St Unit A, B, C, D, E

Sale History
Tax History

Date

Event

Price

Charleston Trident MLS #26014816

Aug 28, 2026

Price Changed

$5,000,000

$850/sq ft

Jul 24, 2026

Price Changed

$5,200,000

$884/sq ft

May 20, 2026

Listed

$5,300,000

$901/sq ft

Charleston Trident MLS #26018063

Jun 22, 2026

Listed

$900,000

$153/sq ft

+14

Fully furnished Short Term Rental, well under $1million downtown Charleston! Welcome to 162 Spring Street, Unit A, where location, charm, and flexibility converge in one of Charleston's most walkable and dynamic neighborhoods. Just a short stroll from King Street's world-renowned restaurants, boutiques, and nightlife, this fully-furnished, turnkey property offers the perfect mix of historic appeal and modern comfort--with the rare bonus of off-street parking.Whether you're looking for a pied-à-terre, a profitable licensed short-term rental (STR), or a stylish primary residence, Unit A delivers unmatched versatility in a coveted downtown setting. Skip the car--dine at local hotspots like Xiao Bao, R Kitchen, Southbound, and more. Or grab coffee from neighborhood favorites just around the corner. The best of Charleston is literally at your doorstep. Inside, you'll find 950 square feet of bright, open living space designed for easy living and entertaining. Two generous bedrooms offer ample privacy, while the open-concept layout connects kitchen, dining, and living areas with a welcoming flow. Large windows let the natural light pour in, highlighting hardwood floors and tasteful furnishings throughout all of which convey with the sale. This unit also boasts a fully permitted and active short-term rental license, along with a strong rental history and professional management in place. The dedicated off-street parking space is a true rarity for this location, offering convenience and peace of mind. With a low-maintenance exterior and no HOA, this property makes ownership easy and enjoyable.

Charleston Trident MLS #25010284

Aug 14, 2025

Listing Removed

—

Apr 14, 2025

Listed

$999,000

$170/sq ft

Charleston Trident MLS #24024431

Nov 5, 2024

Listing Removed

—

Sep 20, 2024

Listed

$1,000,000

$170/sq ft

Charleston Trident MLS #16002536

Jul 1, 2016

Listing Removed

—

May 3, 2016

Price Changed

$1,550,000

$264/sq ft

Mar 31, 2016

Price Changed

$1,140,000

$194/sq ft

Mar 25, 2016

Price Changed

$1,190,000

$202/sq ft

Feb 1, 2016

Listed

$1,195,000

$203/sq ft

Charleston Trident MLS #2720417

Feb 5, 2015

Listing Removed

—

Jun 4, 2007

Listed

$339,000

$58/sq ft

Charleston Trident MLS #2740832

Apr 1, 2008

Listing Removed

—

Dec 6, 2007

Listed

$299,900

$51/sq ft

Charleston Trident MLS #2729494

Nov 21, 2007

Listing Removed

—

Aug 18, 2007

Listed

$329,000

$56/sq ft

Charleston Trident MLS #2617893

Dec 29, 2006

Listing Removed

—

May 17, 2006

Listed

$375,000

$64/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

30 ft.

Lot depth

159 ft.

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total 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 28, 2026.

OLD CITY HEIGHTS DISTRICT - 2.5-3

OLD CITY DISTRICT

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
Amusement and Recreation Services Overlay Zone
Old City District

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

Historical weather

Charleston, SC • 29403

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

71/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

7.5 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 162 Spring St Unit A, B, C, D, E

$4,733,546

$266K under list price of $5.00M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $665K to $3.7M.

SOLD AUG 3, 2026
$2,550,000 Last sold price
3 beds3 baths2,753 sq ft
517 King St Unit Units 1 & 10 Combined, Charleston, SC 29403
$76/sq ft
123 years newer
SOLD JUL 16, 2026
$1,250,000 Last sold price
3 beds2.5 baths1,553 sq ft
55 Ashley Ave #18, Charleston, SC 29401
$45/sq ft
32 years newer
SOLD FEB 17, 2026
$2,450,000 Last sold price
4 beds3 baths4,074 sq ft
132 Spring St, Charleston, SC 29403
$249/sq ft
smaller lot
60 years newer
SOLD JUL 22, 2026
$700,000 Last sold price
2 beds2 baths1,468 sq ft
51 Radcliffe St, Charleston, SC 29403
$373/sq ft
smaller lot
30 years older
SOLD AUG 14, 2026
$665,000 Last sold price
2 beds2 baths1,294 sq ft
55 Ashley Ave #2, Charleston, SC 29401
$336/sq ft
32 years newer
SOLD JUN 9, 2026
$3,725,000 Last sold price
2 beds2.5 baths1,985 sq ft
71 Wentworth St #302, Charleston, SC 29401
$1027/sq ft
8 years older

Rental earnings

Est. $2,286 per month, based on comparable rentals

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Early Access listings

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3D WALKTHROUGH

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Details provided by Charleston Trident MLS and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 162 Spring St Unit A, B, C, D, E

Public record

Historical weather

Sun exposure

Redfin Estimate for 162 Spring St Unit A, B, C, D, E

Early Access listings

Nearby similar homes

New listings for sale in 29403

More real estate resources