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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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