119 Spring Street, Charleston, SC 29403
$8,490,000
Property Type:
Commercial Sale
Square Footage:
12,000
Status:
Active
Current Price:
$8,490,000
List Date:
8/18/2025
Last Modified:
8/25/2025
Description
Incredible mixed use investment opportunity in bustling downtown Charleston neighborhood. 119 Spring Street offers four first floor retail units and seven upstairs residential units with 14 total bedrooms and 15 off street parking spaces. Residential units are currently leased as annual rentals but this offers an excellent
opportunity to reposition as Short Term Rentals. The property is zoned Limited Business in the City of Charleston and situated
within the City's Short-term rental overlay district. The property is currently 100% leased with the commercial units being occupied
by a single tenant on a month to month lease. 119 Spring is situated on the busy intersection of Rutledge Ave. and Spring St., surrounded by various neighborhood restaurant and retail uses and in walking distance of MUSC.
More Information MLS# 31006791
Contract Information
Original List Price: 8490000
Listing Contract Date: 2025-08-08
List Price: $8,490,000
Current Price: $8,490,000
Location
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 51 - Peninsula Charleston Inside of Crosstown
Parcel Number: 460-11-02-011
Opportunity Zone: No
Street Number: 119
Street Name: Spring
Street Suffix: Street
County: Charleston
State or Province: SC
Postal Code: 29403
General Information
Property Sub Type: Retail
Secondary Sub-Type: Multi Family
Listing Name: 119 Spring St
Property Condition: Existing
Lot Acres: 0.2
Zoning: City of Charleston - LB - Limited Business
Property Visibility: Excellent
Anchored?: No
List Price/Acre: 42450000
List Price/SqFt: 707.5
Opt In to Crexi?: Yes
Status: Active
Building Area Total: 12000
Building Related
Parking Total: 15
Number Of Buildings: 1
Year Built: 1985
Land Related
In Flood Plain?: No
Directions & Remarks
Public Remarks: Incredible mixed use investment opportunity in bustling downtown Charleston neighborhood. 119 Spring Street offers four first floor retail units and seven upstairs residential units with 14 total bedrooms and 15 off street parking spaces. Residential units are currently leased as annual rentals but this offers an excellent
opportunity to reposition as Short Term Rentals. The property is zoned Limited Business in the City of Charleston and situated
within the City's Short-term rental overlay district. The property is currently 100% leased with the commercial units being occupied
by a single tenant on a month to month lease. 119 Spring is situated on the busy intersection of Rutledge Ave. and Spring St., surrounded by various neighborhood restaurant and retail uses and in walking distance of MUSC.
Property Sub Type
Multi Family: 1
Retail: 1
Auction Details
Auction: No
Current Use
Mixed Use: 1
Residential: 1
Retail: 1
Structure Type
Mixed Use: 1
Multi Family: 1
Retail: 1
Area and Location
Highway Access: I-26
Parking Type
Surface: 1
Road Frontage Type
City Street: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Status Change Info
Status Change Date: 2025-08-18
Property Features
Property Sub Type: Multi Family; Retail
Current Use: Mixed Use; Residential; Retail
Structure Type: Mixed Use; Multi Family; Retail
Parking Type: Surface
Road Frontage Type: City Street
Water Source: Public
Sewer: Public Sewer
Documents
Brochure ›Listing Office: Harbor Commercial Partners, LL
Last Updated: August - 25 - 2025
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