111 Cannon Street, Charleston, SC 29403 (MLS# 31008746)

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111 Cannon Street, Charleston, SC 29403

$3,980,000

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Property Type: Commercial Sale Square Footage: 2,811 Status: Active

Current Price: $3,980,000 List Date: 6/05/2026 Last Modified: 6/05/2026

Overview

Description

Stunning, turnkey short-term rental opportunity in the heart of downtown Charleston. This exceptional two-unit property features a total of 7 bedrooms and 7 bathrooms, including a 4 bed / 4 bath Unit A and a 3 bed / 3 bath Unit B, offering immediate income potential ($375k+) with professional management already in place and a proven track record of consistent 5-star guest reviews. Originally a historic residence, the property has been completely renovated by a premier general contractor and interior design team, blending classic Charleston character with modern functionality. Each unit is professionally furnished and thoughtfully appointed, and the sale includes all appliances, fixtures, and furnishings providing a seamless, turnkey investment. The outdoor living experience sets this property apart, featuring a private backyard retreat with spa, built-in grill, expansive lounge deck, and large outdoor dining area. Blue stone patios and brick walkways are complemented by custom lands ... (Read more)

Listing Details MLS# 31008746

Location

Street Number: 111
Street Name: Cannon
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: 460-15-02-001
Opportunity Zone: No

General Information

Property Sub Type: Multi Family
Secondary Sub-Type: Hospitality
Listing Name: Renovated Two Unit Short-Term Rental Opportunity w/ Pool
Number of Units Total: 2
Building Area Total: 2811
Lot Acres: 0.13
Zoning: City of Charleston - LB - Limited Business
List Price/Acre: 30615384.62
List Price/SqFt: 1415.87
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2026-06-05
Original List Price: 3980000
Tax Legal Description: 111 Cannon

Building Related

General Condition: Excellent
Year Built: 1910
Year Renovated: 2022
Parking Total: Yes
Number Of Buildings: Yes

Land Related

In Flood Plain?: No

Status Change Info

Status Change Date: 2026-06-05

More Information

Auction Details

Auction: No

Property Features

Property Sub Type: Hospitality; Multi Family Current Use: Multi-Family Structure Type: Duplex; Multi Family Roof: Metal Construction Materials: Wood Siding Parking Type: Surface Heating: Heat Pump Cooling: Heat Pump Internet Access: Cable; Fiber Optic; Gigabit Water Source: Public Sewer: Public Sewer Listing Terms: Cash; Conventional

Documents

Floor Plan ›

Offering Memorandum ›

Listing Office: The Boulevard Company

Last Updated: June - 05 - 2026

Properties marked with IDX logo are provided courtesy of South Carolina Commercial Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Carolina Commercial Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.