44 Morris St Active Save Request In-Person Tour Request Virtual Tour
Charleston,SC 29403
Key Details
Property Type Condo, Multi-Family
Sub Type Condominium,Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,112 sqft
Price per Sqft $1,154
Subdivision Cannonborough-Elliotborough
MLS Listing ID 24029986
Bedrooms 11
Year Built 1875
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Condominium,Quadruplex
Property Description
Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property.With legacy ''Hotels and Motels'' zoning--confirmed by the City--this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances.The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning.
Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options.
Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Interior Features Ceiling Fan(s)
Heating Central,Heat Pump
Cooling Central Air
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Community Features Bus Line,Laundry
Utilities Available Charleston Water Service,Dominion Energy
Roof Type Metal
Building
Dwelling Type Condominium,Quadruplex
Foundation Crawl Space,Slab
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Courtenay
High Schools Burke
Others
Financing Any