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5 Cumberland Street, Charleston, SC 29401

$3,650,000
Property Type: Commercial Sale Square Footage: 2,890 Status: Pending
Current Price: $3,650,000 List Date: 4/21/2025 Last Modified: 12/11/2025

Description

5 Cumberland Street, a turn-key restaurant opportunity in the heart of downtown Charleston's historic district. The building was awarded a Carolopolis Award, recognizing excellence in restoration and historic preservation. Formerly Bumpas, a unique and family-owned gastropub, the space has all the components of a successful restaurant already in place. It consists of a full-size bar, 88 patron seating capacity, a full commercial kitchen, a walk-in refrigerator, and a 2000 gallon capacity grease trap. 12-foot hood system and all equipment is included in the sale! Located in the French Quarter District, 5 Cumberland is surrounded by many world class restaurants, hotels and other high-end retail businesses. Included is The Cooper Hotel, which will be Charleston's premiere waterfront 5-star hotel and slated to open in the fall of 2025. Also, Restoration Hardware recently announced they will be opening their flagship store at the Waggoner Building on East Bay Street. The Union Pier, a proposed 70-acre waterfront mixed-use site, is currently in the planning stages and will transform this part of the peninsula into a worldwide destination.

More Information MLS# 31006021

Contract Information

Original List Price: 3650000 Tax Legal Description: S Gaillard Ltrd C D E F C Listing Contract Date: 2025-04-21 List Price: $3,650,000 Current Price: $3,650,000

Location

Nearest MSA: Charleston-North Charleston, SC Submarket/Township: 51 - Peninsula Charleston Inside of Crosstown Parcel Number: 458-09-02-032 Opportunity Zone: No Street Number: 5 Street Name: Cumberland Street Suffix: Street County: Charleston State or Province: SC Postal Code: 29401

General Information

Property Sub Type: Hospitality Listing Name: Turn-key Restaurant Opportunity in the Heart of Downtown Charleston Property Condition: Existing Zoning: City of Charleston - GB - General Business Property Visibility: Excellent List Price/SqFt: 1262.98 For Comp Purposes Only: No Opt In to Crexi?: Yes Status: Pending Building Area Total: 2890

Building Related

General Condition: Excellent Year Built: 1830

Land Related

In Flood Plain?: Yes

Financials

Tax Assessed Value: 103780

Directions & Remarks

Public Remarks: 5 Cumberland Street, a turn-key restaurant opportunity in the heart of downtown Charleston's historic district. The building was awarded a Carolopolis Award, recognizing excellence in restoration and historic preservation. Formerly Bumpas, a unique and family-owned gastropub, the space has all the components of a successful restaurant already in place. It consists of a full-size bar, 88 patron seating capacity, a full commercial kitchen, a walk-in refrigerator, and a 2000 gallon capacity grease trap. 12-foot hood system and all equipment is included in the sale! Located in the French Quarter District, 5 Cumberland is surrounded by many world class restaurants, hotels and other high-end retail businesses. Included is The Cooper Hotel, which will be Charleston's premiere waterfront 5-star hotel and slated to open in the fall of 2025. Also, Restoration Hardware recently announced they will be opening their flagship store at the Waggoner Building on East Bay Street. The Union Pier, a proposed 70-acre waterfront mixed-use site, is currently in the planning stages and will transform this part of the peninsula into a worldwide destination.

Status Change Info

Contingency Reason: Due Diligence Status Change Date: 2025-12-11 Under Contract Date: 2025-12-09 Contingent: Pending

Property Sub Type

Hospitality: 1

Auction Details

Auction: No

Current Use

Hospitality: 1 See Remarks: 1

Structure Type

Free Standing: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Property Features

Property Sub Type: Hospitality Current Use: Hospitality; See Remarks Structure Type: Free Standing Water Source: Public Sewer: Public Sewer

Documents

Listing Office: NAI Charleston, LLC
Last Updated: December - 11 - 2025
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