112 Rutledge Avenue, Charleston, SC 29401
$2,895,000
Property Type:
Commercial Sale
Square Footage:
6,873
Status:
Active
Current Price:
$2,895,000
List Date:
5/27/2026
Last Modified:
6/25/2026
Listing Details MLS# 31008684
Location
- Street Number
- 112
- Street Name
- Rutledge
- Street Suffix
- Avenue
- 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
- 4570302120
- Opportunity Zone
- No
General Information
- Property Sub Type
- Multi Family
- Secondary Sub-Type
- Office
- Listing Name
- Multi Family with Medical Office For Sale- Owner/User Opportunity
- Property Condition
- Existing
- Building Area Total
- 6873
- LEED Certified
- No
- Zoning
- City of Charleston - STR - Single And Two Family Residential
- Property Visibility
- Excellent
- List Price/SqFt
- 421.21
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2026-05-27
- Original List Price
- 2895000
Building Related
- General Condition
- Excellent
- Stories Total
- 3
- Year Built
- 1925
- Year Renovated
- 2026
- Parking Total
- 10
- Number Of Buildings
- Yes
Land Related
- In Flood Plain?
- Yes
Financials
- Tax Assessed Value
- 36960
More Information
Status Change Info
- Status Change Date
- 2026-05-27
Auction Details
- Auction
- No
Area and Location
- Airports
- Charleston International Airport
Directions & Remarks
- Directions
- Located right off of Calhoun Street Downtown Charleston.
- Public Remarks
- 112 Rutledge Avenue presents a rare opportunity to acquire a beautifully renovated, mixed-use investment property in the heart of Harleston Village. Positioned in one of Charleston's most sought-after neighborhoods, this asset offers a strong blend of stable income and future upside. The ground-floor medical office space is secured by a long-term lease through December 2029 at attractive market rates, providing consistent and reliable cash flow. Above, the second and third floors feature three residential units totaling nine bedrooms and four bathrooms. The residential component is nearly fully leased, with one recently renovated unit (Unit D) currently available--ideal for an owner-occupant or to be leased at market rates to further enhance income. The property also benefits from ten (10) dedicated parking spaces, a highly desirable amenity in this area. Six spaces are leased to the medical office tenant, while the remaining four are allocated to the residential units, generating additional rental income. Excellent Downtown Charleston location in the Historic District and adjacent to the hospital district, walking distance to the College of Charleston, Medical University of South Carolina and many retail sites. With recent renovations, strong in-place income, and the flexibility of a vacant unit, 112 Rutledge Avenue offers investors a compelling, turnkey opportunity in a premier location. Please refer to the attached brochure for detailed unit sizes and floor plans. TMS #: 457-03-02-120, 457-03-02-162, 457-03-02-163, 457-03-02-165, 457-03-02-165.
Property Sub Type
- Multi Family
- Yes
- Office
- Yes
Current Use
- Mixed Use
- Yes
- Multi-Family
- Yes
Structure Type
- Free Standing
- Yes
- Mixed Use
- Yes
- Multi Family
- Yes
- Office
- Yes
Parking Type
- Surface
- Yes
Heating
- Central
- Yes
- Fireplace(s)
- Yes
Cooling
- Central Air
- Yes
Road Frontage Type
- City Street
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Property Features
Property Sub Type:
Multi Family; Office
Current Use:
Mixed Use; Multi-Family
Structure Type:
Free Standing; Mixed Use; Multi Family; Office
Parking Type:
Surface
Heating:
Central; Fireplace(s)
Cooling:
Central Air
Road Frontage Type:
City Street
Water Source:
Public
Sewer:
Public Sewer
Listing Terms:
1031 Exchange; Cash; Conventional
Documents
Property Disclosure ›
Listing Office:
Palmetto Commercial Prop, LLC
Last Updated: June - 25 - 2026
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