132 Spring Street, Apt A,B,D, Charleston, SC 29403
$2,545,000
Property Type:
Commercial Sale
Square Footage:
4,074
Status:
Active Contingent
Current Price:
$2,545,000
List Date:
11/10/2025
Last Modified:
11/23/2025
Description
Located on a highly visible corner in the heart of downtown Charleston's Elliotborough hospitality and short-term rental overlay, 132 Spring Street is a flagship mixed-use property offering endless opportunities and upside investment potential. There is an amazing commercial/restaurant/retail space on the ground floor (currently leased). Two fully renovated residential units each have their own private entrance, original hardwood flooring and beautifully high ceilings. Unit B is located on the second floor and offers one bedroom and one bathroom with a beautifully appointed kitchen and living area. Unit D is a spacious and beautifully renovated three-bedroom, two-bathroom apartment with a grand living space and kitchen on the second floor and bedrooms located on the third floor.
Supplements: Both residential units stay consistently booked with short term renters due to the ideal location, inherent charm and extremely appealing living space to enjoy. Since completion of the building's full high-end renovation in 2016, 132 Spring Street has offered numerous avenues of stable, solid revenue year after year. The property also includes 6 possible off-street parking spaces along Ashley Avenue!!(See parking schematic in documents) Financials/numbers on short-term rental history available upon request.
More Information MLS# 31007338
Contract Information
Original List Price: 2545000
Tax Legal Description: 132 Spring & Ashley
Listing Contract Date: 2025-11-10
List Price: $2,545,000
Current Price: $2,545,000
Location
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 51 - Peninsula Charleston Inside of Crosstown
Parcel Number: 4601102051
Opportunity Zone: No
Street Number: 132
Street Name: Spring
Street Suffix: Street
Unit Number: Apt A,B,D
County: Charleston
State or Province: SC
Postal Code: 29403
General Information
Property Sub Type: Multi Family
Secondary Sub-Type: Retail
Tertiary Sub-Type: Hospitality
Listing Name: Beautiful Multi-Use Investment Property in Heart of Downtown's Hospitality Overlay
Property Condition: Updated/Remodeled
Number of Units Total: 3
Zoning: City of Charleston - LB - Limited Business
Property Visibility: Excellent
List Price/SqFt: 624.69
For Comp Purposes Only: No
Opt In to Crexi?: Yes
Status: Active Contingent
Building Area Total: 4074
Building Related
General Condition: Excellent
Stories Total: 3
Year Renovated: 2016
Parking Total: 6
Number Of Buildings: 1
Year Built: 1940
Land Related
In Flood Plain?: No
Financials
Tax Assessed Value: 70940
Directions & Remarks
Directions: Located at the corner of Ashley and Spring Streets.
Public Remarks: Located on a highly visible corner in the heart of downtown Charleston's Elliotborough hospitality and short-term rental overlay, 132 Spring Street is a flagship mixed-use property offering endless opportunities and upside investment potential. There is an amazing commercial/restaurant/retail space on the ground floor (currently leased). Two fully renovated residential units each have their own private entrance, original hardwood flooring and beautifully high ceilings. Unit B is located on the second floor and offers one bedroom and one bathroom with a beautifully appointed kitchen and living area. Unit D is a spacious and beautifully renovated three-bedroom, two-bathroom apartment with a grand living space and kitchen on the second floor and bedrooms located on the third floor.
Status Change Info
Contingency Reason: Due Diligence
Status Change Date: 2025-11-23
Under Contract Date: 2025-11-23
Contingent: Active Contingent
Property Sub Type
Hospitality: 1
Multi Family: 1
Retail: 1
Existing Lease Type
NNN: 1
Auction Details
Auction: No
Roof
Metal: 1
Current Use
Commercial: 1
Mixed Use: 1
Residential: 1
Structure Type
Flex: 1
Free Standing: 1
Mixed Use: 1
Multi Family: 1
Office: 1
Retail: 1
Construction Materials
Brick: 1
Brick Veneer: 1
Wood Siding: 1
Parking Type
Other: 1
Heating
Central: 1
Ductless: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Ductless: 1
Internet Access
Cable: 1
DSL: 1
Fiber Optic: 1
Lot Features
Level: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Property Features
Property Sub Type: Hospitality; Multi Family; Retail
Current Use: Commercial; Mixed Use; Residential
Structure Type: Flex; Free Standing; Mixed Use; Multi Family; Office; Retail
Existing Lease Type: NNN
Roof: Metal
Construction Materials: Brick; Brick Veneer; Wood Siding
Parking Type: Other
Heating: Central; Ductless
Cooling: Ceiling Fan(s); Central Air; Ductless
Internet Access: Cable; DSL; Fiber Optic
Lot Features: Level
Road Frontage Type: City Street
Road Surface Type: Asphalt; Concrete
Water Source: Public
Sewer: Public Sewer
Listing Terms: 1031 Exchange; Cash; Conventional
Listing Office:
Colony & Craft LLC
Last Updated: November - 23 - 2025
Properties marked with IDX logo are provided courtesy of South Carolina Commercial Multiple Listing Service, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Carolina Commercial Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.