119 Spring Street, Charleston, SC 29403
$7,750,000
Property Type:
Commercial Sale
Square Footage:
12,000
Status:
Active
Current Price:
$7,750,000
List Date:
3/02/2026
Last Modified:
3/20/2026
Overview
Description
Listing Details MLS# 31006791
Location
- Street Number
- 119
- Street Name
- Spring
- Street Suffix
- Street
- County
- Charleston
- Nearest MSA
- Charleston-North Charleston, SC
- Submarket/Township
- 51 - Peninsula Charleston Inside of Crosstown
- State or Province
- SC
- Postal Code
- 29403
- Parcel Number
- 460-11-02-011
- Opportunity Zone
- No
General Information
- Property Sub Type
- Retail
- Secondary Sub-Type
- Multi Family
- Listing Name
- 119 Spring St
- Property Condition
- Existing
- Building Area Total
- 12000
- Lot Acres
- 0.2
- Zoning
- City of Charleston - LB - Limited Business
- Property Visibility
- Excellent
- Anchored?
- No
- List Price/Acre
- 38750000
- List Price/SqFt
- 645.83
- For Comp Purposes Only
- No
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2025-08-08
- Original List Price
- 8490000
Building Related
- Year Built
- 1985
- Parking Total
- 15
- Number Of Buildings
- Yes
Land Related
- In Flood Plain?
- No
Status Change Info
- Status Change Date
- 2026-03-02
- Back on Market Date
- 2026-03-02
More Information
Auction Details
- Auction
- No
Area and Location
- Highway Access
- I-26
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
- Yes
- Retail
- Yes
Current Use
- Mixed Use
- Yes
- Residential
- Yes
- Retail
- Yes
Structure Type
- Mixed Use
- Yes
- Multi Family
- Yes
- Retail
- Yes
Parking Type
- Surface
- Yes
Road Frontage Type
- City Street
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
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: March - 20 - 2026
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