119 Spring Street, Charleston, SC 29403 (MLS# 31006791)

119 Spring Street, Charleston, SC 29403

$7,750,000

Property Type: Commercial Sale Square Footage: 12,000 Status: Active

Current Price: $7,750,000 List Date: 3/02/2026 Last Modified: 3/20/2026

Overview

Description

Incredible mixed use investment opportunity in bustling downtown Charleston neighborhood. 119 Spring Street offers four first floor retail units and seven upstairs residential units with 14 total bedrooms and 15 off street parking spaces. Residential units are currently leased as annual rentals but this offers an excellent opportunity to reposition as Short Term Rentals. The property is zoned Limited Business in the City of Charleston and situated within the City's Short-term rental overlay district. The property is currently 100% leased with the commercial units being occupied by a single tenant on a month to month lease. 119 Spring is situated on the busy intersection of Rutledge Ave. and Spring St., surrounded by various neighborhood restaurant and retail uses and in walking distance of MUSC.

Listing Details MLS# 31006791

Location

Street Number: 119
Street Name: Spring
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: 460-11-02-011
Opportunity Zone: No

General Information

Property Sub Type: Retail
Secondary Sub-Type: Multi Family
Listing Name: 119 Spring St
Property Condition: Existing
Building Area Total: 12000
Lot Acres: 0.2
Zoning: City of Charleston - LB - Limited Business
Property Visibility: Excellent
Anchored?: No
List Price/Acre: 38750000
List Price/SqFt: 645.83
For Comp Purposes Only: No
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2025-08-08
Original List Price: 8490000

Building Related

Year Built: 1985
Parking Total: 15
Number Of Buildings: Yes

Land Related

In Flood Plain?: No

Status Change Info

Status Change Date: 2026-03-02
Back on Market Date: 2026-03-02

More Information

Auction Details

Auction: No

Area and Location

Highway Access: I-26

Directions & Remarks

Public Remarks: Incredible mixed use investment opportunity in bustling downtown Charleston neighborhood. 119 Spring Street offers four first floor retail units and seven upstairs residential units with 14 total bedrooms and 15 off street parking spaces. Residential units are currently leased as annual rentals but this offers an excellent opportunity to reposition as Short Term Rentals. The property is zoned Limited Business in the City of Charleston and situated within the City's Short-term rental overlay district. The property is currently 100% leased with the commercial units being occupied by a single tenant on a month to month lease. 119 Spring is situated on the busy intersection of Rutledge Ave. and Spring St., surrounded by various neighborhood restaurant and retail uses and in walking distance of MUSC.

Property Sub Type

Multi Family: Yes
Retail: Yes

Current Use

Mixed Use: Yes
Residential: Yes
Retail: Yes

Structure Type

Mixed Use: Yes
Multi Family: Yes
Retail: Yes

Parking Type

Surface: Yes

Road Frontage Type

City Street: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Property Features

Property Sub Type: Multi Family; Retail Current Use: Mixed Use; Residential; Retail Structure Type: Mixed Use; Multi Family; Retail Parking Type: Surface Road Frontage Type: City Street Water Source: Public Sewer: Public Sewer

Documents

Brochure ›

Listing Office: Harbor Commercial Partners, LL

Last Updated: March - 20 - 2026

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