Landmark Enterprises

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71 Wentworth Street, 202,203,204,206,301, Charleston, SC 29401

$14,950,000
Property Type: Commercial Sale Square Footage: 9,749 Status: Active
Current Price: $14,950,000 List Date: 5/21/2025 Last Modified: 4/07/2026

Overview

Description

CBRE is offering a bulk sale of five luxury condominium units in the renovated historic Masonic Lodge at 71 Wentworth St (270 King St), Each unit comes with one reserved, leased parking space in the adjoining parking garage. The units are 100% NNN leased to Inspirato. Inc., a publicly-traded luxury home club. The combined annual revenue for the five units is $759,917. The 10-year leases expire in 2034 with landlord's right to terminate beginning in July 2029. The five units are priced $15,950,000 with $856,000 of FF&E included in the price. Please see our OM in Documents for a full description. DealFlow Page: https://www.cbredealflow.com/handler/modern.aspx?pv=0Ezb-shtHE7rpg8XqVsKHu00rfKSoV_7aJotJJWrduQ#_top

Listing Details MLS# 31006228

Location

Street Number
71
Street Name
Wentworth
Street Suffix
Street
Unit Number
202,203,204,206,301
County
Charleston
Nearest MSA
Charleston-North Charleston, SC
Submarket/Township
51 - Peninsula Charleston Inside of Crosstown
State or Province
SC
Postal Code
29401
Parcel Number
457-08-01-127
Opportunity Zone
No

General Information

Property Sub Type
Multi Family
Secondary Sub-Type
Hospitality
Listing Name
71 Wentworth at 270 King Street
Property Condition
New Construction
Build to Suit?
No
Number of Units Total
5
Building Area Total
9749
LEED Certified
No
Zoning
City of Charleston - GB - General Business
Property Visibility
Excellent
List Price/SqFt
1533.49
Opt In to Crexi?
Yes

Contract Information

Listing Contract Date
2025-05-20
Original List Price
Yes

Building Related

Percent Occupied
100
General Condition
Excellent
Stories Total
3
Year Built
1872
Year Renovated
2024
Parking Total
5
Number Of Buildings
Yes

Land Related

Part of Planned Development?
No
In Flood Plain?
No

Status Change Info

Status Change Date
2025-05-21

More Information

Auction Details

Auction
No

Building Detail

Building Name
71 Wentworth
Laundry
In Each Unit

Directions & Remarks

Directions
Southeast corner of King & Wentworth Streets.
Public Remarks
CBRE is offering a bulk sale of five luxury condominium units in the renovated historic Masonic Lodge at 71 Wentworth St (270 King St), Each unit comes with one reserved, leased parking space in the adjoining parking garage. The units are 100% NNN leased to Inspirato. Inc., a publicly-traded luxury home club. The combined annual revenue for the five units is $759,917. The 10-year leases expire in 2034 with landlord's right to terminate beginning in July 2029. The five units are priced $15,950,000 with $856,000 of FF&E included in the price. Please see our OM in Documents for a full description. DealFlow Page: https://www.cbredealflow.com/handler/modern.aspx?pv=0Ezb-shtHE7rpg8XqVsKHu00rfKSoV_7aJotJJWrduQ#_top

Property Sub Type

Hospitality
Yes
Multi Family
Yes

Existing Lease Type

NNN
Yes

Current Use

Investment
Yes
Multi-Family
Yes
Residential
Yes

Structure Type

Mixed Use
Yes

Heating

Heat Pump
Yes
Separate Meters
Yes

Cooling

Separate Meters
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes
Storm Sewer
Yes

Property Features

Property Sub Type: Hospitality; Multi Family Current Use: Investment; Multi-Family; Residential Structure Type: Mixed Use Existing Lease Type: NNN Heating: Heat Pump; Separate Meters Cooling: Separate Meters Water Source: Public Sewer: Public Sewer; Storm Sewer

Documents

Listing Office: CBRE, Inc
Last Updated: April - 07 - 2026
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