241 East Bay Street, Charleston, SC 29401
$5,100,000
Property Type:
Commercial Sale
Square Footage:
9,876
Status:
Active Contingent
Current Price:
$5,100,000
List Date:
2/26/2026
Last Modified:
5/22/2026
Listing Details MLS# 31008052
Location
- Street Number
- 241
- Street Name
- East Bay
- 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
- 29401
- Parcel Number
- 458-05-03-031
- Opportunity Zone
- No
General Information
- Property Sub Type
- Multi Family
- Listing Name
- 241 East Bay Street
- Number of Units Total
- 4
- Building Area Total
- 9876
- Zoning
- City of Charleston - GB - General Business
- List Price/SqFt
- 516.4
- For Comp Purposes Only
- No
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2026-02-26
- Original List Price
- 5500000
Building Related
- Stories Total
- 3
- Parking Total
- 9
Land Related
- In Flood Plain?
- Yes
Status Change Info
- Status Change Date
- 2026-05-22
- Under Contract Date
- 2026-05-22
- Contingent
- Active Contingent
- Contingency Reason
- Financing
More Information
Auction Details
- Auction
- No
Directions & Remarks
- Public Remarks
- Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future. Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs. Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates. Gross income 2025 - $588,061. Showings limited due to bookings. This property is turnkey and ready to go!
Property Sub Type
- Multi Family
- Yes
Property Features
Property Sub Type:
Multi Family
Plans ›
Listing Office:
Carriage Properties LLC
Last Updated: May - 22 - 2026
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