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Cannon & Rutledge Street, Charleston, SC 29403

New Listing
$9,850,000
Property Type: Commercial Sale Status: Active
Current Price: $9,850,000 List Date: 8/24/2026 Last Modified: 8/24/2026

Overview

Description

Generous .61 acres of entitled property in a PUD, vetted through the City of Charleston, awaiting final design by a qualified purchaser/developer to bring to fruition! High and dry in an ''X'' flood zone, best short-term rental district in Charleston, highest walk score. Take your place in the ''continual evolution'' of modern residential with a respect for the past and an eye on the future. Five contiguous properties with approved entitlements for a premier mixed-use development. A unique chance to deliver residential, commercial and hospitality in one of the most walkable and desirable cities in the country. A thoughtfully designed mized-use community that blends timeless Charleston architecture with elevated living, dining, and retail experiences.

Listing Details MLS# 31009283

Location

Street Name
Cannon & Rutledge
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
4601502006;4601502005;4601502004;4601502163
Opportunity Zone
No

General Information

Property Sub Type
Unimproved Land
Secondary Sub-Type
Multi Family
Listing Name
Downtown Charleston Ground-Up Redevelopment Project
Lot Acres Min
0.61
Lot Acres
0.61
Zoning
City of Charleston - LB - Limited Business
List Price/Acre
16147540.98
Opt In to Crexi?
Yes

Contract Information

Listing Contract Date
2026-08-24
Fixed Price or Range?
Fixed Price
Original List Price
9850000

Land Related

Part of Planned Development?
Yes
In Flood Plain?
Yes

Status Change Info

Status Change Date
2026-08-24

Auction Details

Auction
No

More Information

Directions & Remarks

Public Remarks
Generous .61 acres of entitled property in a PUD, vetted through the City of Charleston, awaiting final design by a qualified purchaser/developer to bring to fruition! High and dry in an ''X'' flood zone, best short-term rental district in Charleston, highest walk score. Take your place in the ''continual evolution'' of modern residential with a respect for the past and an eye on the future. Five contiguous properties with approved entitlements for a premier mixed-use development. A unique chance to deliver residential, commercial and hospitality in one of the most walkable and desirable cities in the country. A thoughtfully designed mized-use community that blends timeless Charleston architecture with elevated living, dining, and retail experiences.

Property Sub Type

Multi Family
Yes
Unimproved Land
Yes

Current Use

Unimproved
Yes

Property Features

Property Sub Type: Multi Family; Unimproved Land Current Use: Unimproved

Documents

Listing Office: Coldwell Banker Comm/Atlantic
Last Updated: August - 24 - 2026
Broker Attribution: 8437449877

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