$5,900,000 ($1,154.15 per sqft)

Pending

Est. Mortgage $30,614/mo *

Quick Pre-Approval

44 Morris Street, Charleston, SC, 29403

44 Morris Street, Charleston, SC, 29403

11 beds

1875

5,112 sqft

Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property.With legacy ''Hotels and Motels'' zoning--confirmed by the City--this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances.The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning. Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options. Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Subdivision:

Cannonborough-Elliotborough

Community:

51 - Peninsula Charleston Inside of Crosstown

Heating:

Central, Heat Pump

Cooling:

Central Air

Parking:

Other

Acreage:

0.16

Construction

Wood Siding

Utilities

Charleston Water Service, Dominion Energy

Amenities:

Bus Line, Laundry

Elementary School:

Memminger

Middle School:

Courtenay

High School:

Burke

MLS #:

24029986


Community Info

School Info

Walk Score

Yelp


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