MLS ID: 24029986
For Sale - $5,900,000

About this property

Bedrooms 11
sq2 5112
Lot Size 0.1600 acres
Year Built 1875
DOM 34

Address

Address:
44 Morris Street
City:
Charleston
Zip Code:
29403
County:
Charleston
State:
SC

Features and Amenities

Cooling
Central Air
Heating
Heat Pump
Roof
Metal
Security Features
Security System
Community Features
Bus Line, Laundry
Interior Features
Ceiling Fan(s)
Utilities
Charleston Water Service, Dominion Energy

Description

Rare commercial-zoned property in Charleston's Hospitality Overlay District. The ''Charleston Compound,'' a unique L-shaped property consisting of four separate units, offers 11 bedrooms, 8.5 baths, and is just steps from King Street's renowned restaurants and shops. With its commercial zoning, the property provides potential approval for use as a short-term rental, a bed and breakfast (including a valid 15x30 pool permit), a restaurant with outdoor dining, or a private estate, making it a highly versatile investment opportunity. Having operated as a vacation rental and event space for over a decade, it boasts a proven track record of success.The property features four separate units, a dedicated laundry room, 14 coveted parking spaces, expansive common areas, and ahistory of hosting weddings, family reunions, and large groups. With its development potential, the site offers opportunities to enhance or transform the space further, including the addition of a private courtyard or expansion within the parking lot. The property is still listed under two tax map numbers and is in the process of becoming just one. Current property maps on record are for 44 Morris St. (tax map #460-12-01-081) and 183 Coming St. (tax map #460-12-01-132). Additional highlights include a potential site plan for a private "Palm Beach"-style courtyard with two driveway gates that would create ultimate privacy and further expand development opportunities. Buyer responsible for permits. Don't miss this rare opportunity to own a one-of-a-kind property in a premier Charleston location.

Schools

Name Address Phone Type Grade
Burke High 244 President Street 8435794815 Public 9-12 SPED
Name Address Phone Type Grade
Charleston Charter School for Math and Science 1002 King Street 8437203085 Public 6-12 SPED
Name Address Phone Type Grade
Charleston Development Academy 233 Line Street 8437222689 Public PK-8 SPED
James Simons Montessori 741 King Street 8437247763 Public PK-8 SPED
Name Address Phone Type Grade
Charleston Progressive 382 Meeting Street 8437202967 Public PK-5 SPED
Mitchell Elementary 2 Perry Street 8437247261 Public PK-5 SPED
Sanders-Clyde Elementary 805 Morrison Drive 8437247783 Public PK-5 SPED
Name Address Phone Type Grade
Compass Collegiate Academy 34 Race Street 8434109765 Public K-3 SPED
Name Address Phone Type Grade
Simmons Pinckney Middle 244 President Street 8437247789 Public 6-8 SPED
Name Address Phone Type Grade
Ashley Hall School 172 Rutledge Avenue 843-722-4088 Private PreK-12
Name Address Phone Type Grade
Harvest Time International Academy 227 Huger Street 843-567-5911 Private K-12

Mortgage Calculator

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Interest Rate as of: Mon, Jan. 06, 2025
$5,900,000 Home Price
$5,900,000 Monthly payment
$5,900,000 Amount Financed
$5,900,000 Annual cost of Loan

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
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44 Morris Street, Charleston, SC, 29403
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