241 E Bay Street | Charleston | $5,500,000

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241 E Bay Street Charleston, SC 29401 $5,500,000

9 BEDS

9 BATHS

11,752 SQ. FT.

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241 E Bay StreetCharleston, SC 29401

For SALE Single Family ACTIVE

$5,500,000

EST. 13,844.78/MO CALCULATE

9 BEDS

9 BATHS

11,752 SQ. FT.

Property Description

Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs.Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates.2025 gross income $588,061. Showings limited due to bookings. This property is turnkey and ready to go!

Property Details

MLS ID26005458
Property TypeResidential - Single Family
Building Area Total11752
CoolingCentral Air
Days on Site6
ExteriorBlock, Stucco
HeatingCentral, Ductless, Forced Air
HeatingY/N1
Home StyleTraditional
Lot Dimensions0.15 acre(s)
Lot Size0.15 Acres
Other StructuresNo
Parking FeaturesOther
Roof TypeMetal
SewerPublic Sewer
Stories3.0
UtilitiesCharleston Water Service, Dominion Energy
WaterPublic
Year Built1871
acres0.15

Listed By / Shown By

Listed By

Agency Name: Carriage Properties LLC

Charleston Trident MLS

Shown By

Agency Title: Home Advantage Realty
Agency Phone: (843) 203-5016

Charleston Trident MLS

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Location 241 E Bay Street

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