A unique investment property in the heart of Downtown Charleston! Located in the legal short-term rental overlay district, this property boasts a total of 3 units including a restaurant that could be subdivided into 2 separate commercial units, 2 separate apartments, and 7 leased, designated off-street parking spaces (with potential for 13 additional spots at the corner). The ground level contains the restaurant that is made up of a large kitchen (complete equipment list in MLS docs in ''Marketing Packet''), 2 dining areas, a bar, 3 bathrooms, office & storage space and an outdoor courtyard. This space can be subdivided into 2 separate commercial units.The 2nd, 3rd, & 4th floors make up the 2 separate apartments. The 2nd floor is home to unit B, a 3 bed/2 bath/1,194 sq ft unit wiprivate covered balcony. There are currently 7 dedicated parking spaces (leased by current owners for $1,000/mo) that are used for the current tenants & restaurant owner and there is potential to lease an additional ~13+ spaces at the corner lot (avail. for ~$2,250/mo. See Marketing Packet for additional info in MLS docs). Located in a prime Downtown location, this building is within walking distance to restaurants, parks, schools, museums, fitness, MUSC and all that the Peninsula has to offer! Schedule a showing today!
Multi-familyProperty Type
1855Year Built
5,227 sq ftLot Size
$677Est. Price/Sq.Ft.
Listed by • Keller Williams Realty Charleston
Bought with Louis Lobert• Oyster Point Real Estate Group, LLC
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
63 ft.
Lot depth
83 ft.
Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Single Family Residential
County
Charleston County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 13, 2020.
LB
AR
OLD CITY DISTRICT
OLD CITY HEIGHTS DISTRICT - 2.5-3
ST
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
Amusement and Recreation Services Overlay Zone
Old City District
Short Term Rental 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
Apr 2, 2024 • Final
Permit - sign
Install a right angle sign with a straight arm sign bracket mounted to the building facade using threaded rods and screws. Install custom cut frosted window vinyl to the interior of the front windows and glass door.
Electrical
Jul 27, 2023 • Final
Fire protection system - subpermit - fire suppression: kitchen hood
Fire sprinkler
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
Parking Features: Other (Use Remarks)
Interior
Bathroom Information
Bathrooms Total Integer: 8
Bedroom Information
Bedrooms Total: 7
Heating & Cooling
Cooling: Central Air
Heating: Forced Air
Exterior
Exterior Features
Roof: Metal
Property Type
Residential Income
Property Information
Property Type: Residential Income
Building Information
Structure Type: Other
Subdivision Information
Subdivision Name: Cannonborough
Financial
Tax Information
Tax District: 71 - City of Charleston
Tax Legal Description: 207 W RUTLEDGE
Tax Map Number: 4601502079
Utilities
Utility Information
Public Sewer
Utilities: Charleston Water Service, Dominion Energy
Location
Financial Information
Number Of Units Total: 3
Multi-Unit Information
Number Of Units Total: 3
School Information
Elementary School: Memminger
Middle Or Junior School: Simmons Pinckney
High School: Burke
Neighborhood Information
Subdivision Name: Cannonborough
MLS Area Major: 51 - Peninsula Charleston Inside of Crosstown
Community Information
Community Features: Bus Line
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Charleston County
APN: —
Home facts updated by county records on May 13, 2020