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44 Morris Street

Charleston, SC 29403
  • $5,900,000
  • STATUS: Active
  • ON SITE: 66 Days
  • ID#: 24029986
UPDATED: 40 min ago
$5,900,000
  • 11
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,112
    SQFT
  • $1,154
    $/SQFT
Type:
Condo
Built:
1875
County:

School Information

Elementary School:
Middle School:
High School:

Description

Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property.With legacy ''Hotels and Motels'' zoning--confirmed by the City--this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances.The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning. Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options. Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!

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Charleston Trident Association of REALTORS® logo Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Holly Hamilton | Daniel Ravenel Sotheby's International Realty. Data last updated: 2025-02-08T04:16:19.093.
www.hollyhamiltonrealestate.com/homes/158458577
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44 Morris Street Charleston, SC 29403

  • Price: $5,900,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 40 min ago
  • ID#: 24029986
11
Beds
0
Baths
0
½ Baths
0.16
Acres
5,112
SQFT
$1,154
$/SQFT
1875
Built
Neighborhood:
Cannonborough-Elliotborough
County:
Charleston
Area:
Charleston Peninsula - Below Crosstown
Elementary School:
Memminger
Middle School:
Courtenay
High School:
Burke
Property Description
Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property.With legacy ''Hotels and Motels'' zoning--confirmed by the City--this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances.The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning. Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options. Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!
Exterior Features

Construction Materials Wood Siding Covered Spaces 0 Foundation Details Crawl SpaceSlab Garage YN No Other Structures No Parking Features Other (Use Remarks) Roof Metal

Interior Features

Cooling Central Air Cooling YN Yes Heating CentralHeat Pump Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Electric Dryer HookupWasher Hookup Unit1 Baths 2 Unit1 Bedrooms 3 Unit1 Sq Ft 1900 Unit2 Baths 2 Unit2 Bedrooms 4 Unit2 Sq Ft 1700 Unit3 Baths 2 Unit3 Bedrooms 2 Unit3 Sq Ft 756 Unit4 Baths 2 Unit4 Bedrooms 2 Unit4 Sq Ft 756

Property Features

Community Features Bus LineLaundry Listing Terms Any New Construction YN No Security Features Security System Sewer Public Sewer Special Listing Conditions Flood Insurance Structure Type CondominiumQuadruplex Utilities Charleston Water ServiceDominion Energy Water Source Public

Charleston Trident Association of REALTORS® logo Listing courtesy of The Exchange Company, LLC: .


Charleston Trident Association of REALTORS® logo Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Holly Hamilton | Daniel Ravenel Sotheby's International Realty. Data last updated: 2025-02-08T04:16:19.093.
 
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Holly Hamilton | Daniel Ravenel Sotheby's International Realty
33 Broad Street
Charleston SC, 29401