651 King Street, Charleston, SC 29403
Local realty services provided by:Better Homes and Gardens Real Estate Palmetto
Listed by: jonathan holt
Office: keller williams realty charleston west ashley
MLS#:26017763
Source:SC_CTAR
651 King Street,Charleston, SC 29403
$4,695,000
- 5 Beds
- - Baths
- 4,253 sq. ft.
- Multi-family
- Active
Price summary
- Price:$4,695,000
- Price per sq. ft.:$1,103.93
About this home
A rare opportunity to own a newly constructed mixed-use investment property in the heart of Charleston's rapidly growing Upper King Street corridor. Completed in 2024, 651 King Street offers approximately 4,253 square feet across three stories, featuring a fully operational 5 bed, 4.5 bath luxury short-term rental on the upper floors and a ground-floor commercial space occupied by Steep Me Tea Apothecary under a long-term NNN lease. The upper-level accommodation delivers a premium guest experience with upscale finishes, spacious gathering areas, and a rooftop terrace overlooking one of Charleston's most vibrant commercial districts. The property benefits from its location within the highly sought-after Cannonborough-Elliotborough STR Overlay, one of the few areas on the peninsula where commercial short-term rentals are permitted. Positioned on the prominent corner of King and Line Streets, the property sits directly adjacent to Courier Square, a transformative $500M+ mixed-use redevelopment that continues to reshape this section of downtown Charleston with luxury residential, retail, office, hospitality, and public gathering spaces. Additional nearby growth drivers include Greystar's global headquarters, MUSC, WestEdge, the College of Charleston, and numerous new residential and commercial developments. The ground-floor commercial space was purpose-built for restaurant or retail use and includes restaurant infrastructure such as a grease trap and designated hood location. Combining stable commercial income with the upside of Charleston's thriving luxury hospitality market, this turnkey asset presents a unique opportunity to acquire a modern, income-producing property in one of the city's most supply-constrained and rapidly appreciating locations....
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Home facts
- Year built:2024
- Subdivision & Development:Cannonborough
- Listing ID #:26017763
- Added:55 day(s) ago
- Updated:August 13, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:5
- Living area:4,253 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:2024
- Building area:4,253 sq. ft.
- Lot area:0.05 Acres
- Foundation Description:Slab
- Levels:3 Story
Schools
- High school:Burke
- Middle school:Simmons Pinckney
- Elementary school:James Simons
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,695,000
- Price per sq. ft.:$1,103.93
Features and amenities
- Amenities:Ceiling Fan(s)
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