Homes for sale - 241 E Bay St, Charleston, SC 29401

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Bill Olson

bill@livinginchs.com +1(843) 580-8010

Listed by Handsome Properties, Inc.

$ 6,500,000

Est. payment | -/mo

9 Beds

9,876 SqFt

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$ 6,500,000

Est. payment | -/mo

Save

9 Beds

9,876 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 9,876 sqft

Price per Sqft $658

Subdivision Ansonborough

MLS Listing ID 25000717

Bedrooms 9

Year Built 1871

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Quadruplex

Property Description

This spectacular four-unit building with nine on-site parking spaces is located in Ansonborough in the heart of the Historic District of Charleston, just one block from Market Street. Zoned GB (General Business) and located in the Accommodations overlay, the property is approved for a 4-unit accommodations use. It is currently operating as a 4-unit luxury vacation rental known as the Charleston Chestnut Mansion, but could also be utilized for long term rentals or a variety of other commercial uses. Each of the four fully equipped residential units has its own private entrance and is beautifully appointed with high quality materials and appliances. The first floor contains suite 101 (renovated in 2019) and suite 102, (renovated in 2021).These suites are just over 1,400 SF each and each have 2 bedrooms and 2 baths. Suite 201 makes up the entire second floor (renovated in 2016). This suite is approx. 3,339 SF and has 3 bedrooms and 3 baths with a private elevator. Suite 301 makes up the entire third floor (renovated in 2016). This suite is approx. 2,137 SF and has 2 bedrooms and 2 baths. The building is conveniently located near some of Charleston's best restaurants, shopping, art galleries, and parks. Originally two separate buildings, the property has been renovated and combined into one. The original building (located at 241 East Bay St) was constructed in 1871, and underwent a historic rehabilitation in 1986, at which point the contemporary addition to the north (located at 243 East Bay Street) was constructed and joined to the original edifice by a stucco and glass hyphen. The entire building underwent a second significant historical renovation by the current owner from 2015 - 2021, which included new mechanical systems, a comprehensive security system, new or newly refurbished windows, new interior noise-dampening thermal storm windows, and repairs to the standing seam metal roof and exterior stucco. Interior renovations began in 2016 with the upper floors and were finalized in 2019 and 2021 with the completion of the two first floor suites. Since completion of the renovations, both the exterior and interior of the building have been meticulously maintained.

Location

State SC

County Charleston

Area 51 - Peninsula Charleston Inside Of Crosstown

Interior

Heating Central, Ductless, Forced Air

Cooling Central Air

Exterior

Utilities Available Charleston Water Service, Dominion Energy

Roof Type Metal

Building

Dwelling Type Quadruplex

Story 3

Sewer Public Sewer

Water Public

Structure Type Block/Masonry,Stucco

New Construction No

Schools

Elementary Schools Memminger

Middle Schools Simmons Pinckney

High Schools Burke

Others

Financing Cash,Conventional

Special Listing Condition Flood Insurance

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Bill Olson

Agent | License ID: 92535

+1(843) 580-8010

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241 E Bay St Charleston, SC 29401

Bill Olson

Key Details

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Interior

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Building

Schools

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241 E Bay St