Cannon & Rutledge Street, Charleston, SC 29403 (MLS# 31009283)

Cannon & Rutledge Street, Charleston, SC 29403

New Listing

$9,850,000

Property Type: Commercial Sale Status: Active

Current Price: $9,850,000 List Date: 8/24/2026 Last Modified: 8/26/2026

Overview

Description

Generous .61 acres of entitled property in a PUD, vetted through the City of Charleston, awaiting final design by a qualified purchaser/developer to bring to fruition! High and dry in an ''X'' flood zone, best short-term rental district in Charleston, highest walk score. Take your place in the ''continual evolution'' of modern residential with a respect for the past and an eye on the future. Five contiguous properties with approved entitlements for a premier mixed-use development. A unique chance to deliver residential, commercial and hospitality in one of the most walkable and desirable cities in the country. A thoughtfully designed mized-use community that blends timeless Charleston architecture with elevated living, dining, and retail experiences.

Listing Details MLS# 31009283

Location

Street Name: Cannon & Rutledge
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: 4601502006;4601502005;4601502004;4601502163
Opportunity Zone: No

General Information

Property Sub Type: Unimproved Land
Secondary Sub-Type: Multi Family
Listing Name: Downtown Charleston Ground-Up Redevelopment Project
Lot Acres Min: 0.61
Lot Acres: 0.61
Zoning: City of Charleston - LB - Limited Business
List Price/Acre: 16147540.98
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2026-08-24
Fixed Price or Range?: Fixed Price
Original List Price: 9850000

Land Related

Part of Planned Development?: Yes
In Flood Plain?: No

Status Change Info

Status Change Date: 2026-08-24

Auction Details

Auction: No

More Information

Directions & Remarks

Public Remarks: Generous .61 acres of entitled property in a PUD, vetted through the City of Charleston, awaiting final design by a qualified purchaser/developer to bring to fruition! High and dry in an ''X'' flood zone, best short-term rental district in Charleston, highest walk score. Take your place in the ''continual evolution'' of modern residential with a respect for the past and an eye on the future. Five contiguous properties with approved entitlements for a premier mixed-use development. A unique chance to deliver residential, commercial and hospitality in one of the most walkable and desirable cities in the country. A thoughtfully designed mized-use community that blends timeless Charleston architecture with elevated living, dining, and retail experiences.

Property Sub Type

Multi Family: Yes
Unimproved Land: Yes

Current Use

Unimproved: Yes

Property Features

Property Sub Type: Multi Family; Unimproved Land Current Use: Unimproved

Documents

Brochure ›

Listing Office: Coldwell Banker Comm/Atlantic

Last Updated: August - 26 - 2026

Broker Attribution: 8437449877

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