241 East Bay Street, Charleston, SC 29401 (MLS# 31008052)

241 East Bay Street, Charleston, SC 29401

$5,100,000

Property Type: Commercial Sale Square Footage: 9,876 Status: Active

Current Price: $5,100,000 List Date: 2/26/2026 Last Modified: 4/29/2026

Overview

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. Or ... (Read more)

Listing Details MLS# 31008052

Location

Street Number: 241
Street Name: East Bay
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: 29401
Parcel Number: 458-05-03-031
Opportunity Zone: No

General Information

Property Sub Type: Multi Family
Listing Name: 241 East Bay Street
Number of Units Total: 4
Building Area Total: 9876
Zoning: City of Charleston - GB - General Business
List Price/SqFt: 516.4
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2026-02-26
Original List Price: 5500000

Building Related

Stories Total: 3
Parking Total: 9

Land Related

In Flood Plain?: Yes

Status Change Info

Status Change Date: 2026-02-26

More Information

Auction Details

Auction: No

Directions & Remarks

Public Remarks: 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. Gross income 2025 - $588,061. Showings limited due to bookings. This property is turnkey and ready to go!

Property Sub Type

Multi Family: Yes

Property Features

Property Sub Type: Multi Family

Documents

Plans ›

SD ›

LBP ›

Listing Office: Carriage Properties LLC

Last Updated: April - 29 - 2026

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